Everytime I check the finance news, there is always some headline or first sentence that begins with "Investors are expected to lift the market higher after talks in Europe..." or "investors will be pulling the market down after US job data was..."
But are they mis-using the term 'investor'? When I think of the word 'investor', I think about mom and pa and generally people who invest for the long term, people who think "I'll put my money in now, and hopefully it'll go up in 5 years". But they're not the people to think "omg, US job data is positive, I'm back in baby!" or "France's bond yield was too high, I'm out". I think of people who think carefully before acting, rather than acting on every tidbit of news.
I think market movement is largely due to traders and big companies like superannuation funds. I do not consider them 'investors'. They are the ones reacting to daily news (noise).
So would it be more accurate if headlines replaced 'investors' with 'traders' or 'large company investors'?