https://issuesinsights.com/2020/07/01/why-do-the-media-ignore-good-news-about-the-stock-market-and-economy/
Our TV-based media, so besotted with the far-left progressive agenda they now espouse, no longer seem to care about some issues of great importance – that is, unless they reflect badly on President Donald Trump or Republicans . This double standard is especially true of such bread-and-butter issues as the state of the economy and markets, which have an enormous effect on all Americans, including the so-called progressive ones.
Amid all the nonstop televised gloom and doom over the coronavirus, something strange happened in the second quarter of this year: Stock market prices soared. The Dow Jones Industrial Index jumped 18%, the S&P 500 gained 20% and the tech-oriented Nasdaq surged 31%.
Those numbers, coming on the heels of the pandemic, were good enough to be the biggest quarterly gains in 20 years.
Yet, that boom warranted nary a mention on the Big Three TV networks. For full coverage, you had to go outside to financial publications such as the Wall Street Journal and Investor’s Business Daily, the newspaper where Issues & Insights was started before becoming a stand-alone editorial and opinion site.
We were prompted to mention this by the headline we saw in the reliable and always interesting media watchdog site MRC NewsBusters: “Big Three CENSOR Stocks after ‘Best Quarter’ in 20-Plus Years, Despite Virus Spike.”
“The trend of ignoring news when it’s good continues for the Big Three evening news shows,” the story said, noting that when retail sales soared 17.7% in May, the biggest jump on record, both ABC and NBC ignored it.