ABC's Fake News Tanked the Market Yesterday

Townhall.com ^ | December 2, 2017 | Timothy Meads

[caww]

Article reads......”faith in the press in crisis”.....

It's beyond crisis....they're self destructing....

[Eleutheria5]

Monday, there’ll be a Wall Street rally, since the “error’s” been exposed. If you got it to invest, BUY!

[Eleutheria5]

The NYSE ought to sue him. NASDAQ, too.

[BwanaNdege]

This is the stockmarket’s fault for being such a bunch of emotional snowflakes.

Not a bit of reasoned deliberation in the bunch of them.

Someone says “Boo” and they void their bowels & bladders.

If the SEC had a lick of sense, they put a dampener mechanism in place.

(See “Trading Places”)

Yes, ABC is stupid/malevolent, but the market should not be subject to knee-jerk reactions to either Fake News or Real News.

[Eleutheria5]

It was in crisis last year. This year, it’s dead.

[rolling_stone]

most surprising is that abc has viewers that believe them

[Balding_Eagle]

Yes, greater government intervention will improve things.

[neverevergiveup]

This is all very fundamental. Trump took away their credibility, treats them with the disdain they deserve, and the movement he started (or put a match to) is laughing at the irrelevance of these small people, like the newsreaders and talk show coffee klatch hosts. He's turned the derision and ridicule they so arrogantly and delusionally thought they were entitled to use against hard-working sincere REAL people, and he's redirected this derision and ridicule at them. Worse, it's not directed at them because of who they are - but is directed at their incompetence in what they do. They absolutely hate him for it, but this is exactly what they deserve.

This is not just fake news. It's hateful fake news. These are the kind of people who would rather the whole nation go down in flames, than for them to have to join the anonymity that most of us whose voices they've ignored embrace while we try our best to live credible lives.

[Vic S]

I doubt the story is really this simple. I bet the cia/controllers used the news to make money by being able to buy in lower and make money on some shorts. They do this all the time.

[unlearner]

An investigation and perhaps a special counsel are needed to see if ABC employees profited from the stock market crash they caused by their false reporting.

[JPJones]

Rush mentioned, that it’s “only ABC reporting, and this Ross was the guy who fingered an innocent citizen for a mass murderer.”

So I relaxed after hearing that, and stocks went back up.

[Robert A Cook PE]

Soros has used the FUTURES market several times already to (1) gain huge fortunes and (2) ruin those countries bonds and currencies. Look for the money. Who can win next time it happens?

[AAABEST]

[SgtHooper]

yup. Take over the so-called news org.

[SgtHooper]

And, political “insiders” as well, since the $hitheads n Congress are free to do this.

[Gahanna Bob]

From Fox News:

ABC News announced Saturday that Chief Investigative Correspondent Brian Ross would be suspended for four weeks without pay over a botched “exclusive” about former national security adviser Michael Flynn.

[doug from upland]

[Gideon7]

Slap on the wrist.

[EdnaMode]

Yup

[BwanaNdege]

Generally, less government is best. However, falsely shouting “FIRE” in a crowned theater or having the National economy vulnerable to rumors or emotional ‘group-think’ both need to be controlled.