The media is often inaccurate in their business and financial information and idea comments. Always question the accuracy and slants you get.
There are three basic reasons for my doubt about the accuracy and slant of the media.
One is the fact that most of the actual reports are not in-depth. Reporters and columnists may not have the time to devote to the topic or they are simply too lazy to get into details.
Secondly; many do not know their subject. It is difficult to adequately discuss business or finance without real hands-on business or financial experience. Few in the media meet these requirements.
And thirdly; the slant of most reporters and columnists who have learned from their college professors, have had a left-leaning bias thrust on them for a number of years. It shows in their career work. They have no idea how the real, day-to-day business and financial world works. (See the Earl J Weinreb NewsHole® comments.)
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