I always felt that, when it comes to media coverage of the financial markets and economy, there is always a speculation on the current status, and a speculative prediction or deduction.
The speculation on the current status, coupled with the prediction, in my opinion can leads to self fulfilling prophecy.
The media view on the current situation is never on a high note. As the RSS ticker flows across my desktop; all I see it sorrow. It seems the key words in nearly all articles are either, "Default", "Crisis" or "Bailout".
Does anyone else feel that media future market speculation in many cases lead to self fulfilling prophecy in the short term?