Sapphire

Is the Media Partially Responsible For the Panic?

Getting away from the election debate, I agree that the media is guilty of sensationalizing it and has fueled the stock-selling fire. When I signed onto my computer Friday morning the first thing I saw all over it was "investors furiously dumping stocks" and that trading in some countries' computers had shut down occasionally because they could not handle all the sell orders. What we ended up was one more day of vacillating back and forth before ending up down a few hundred points.

On one hand, I appreciate being informed of what's going on. But I have to wonder how many thousands of people read what I did that morning, panicked, sold everything and made their paper losses real.