- Oct 4, 2018
- 4 min
Beware of Media's Negative Bias
A client recently brought our attention to a newspaper article with this alarming headline: “Next Crash Will Be ‘Worse Than the Great Depression’.” [1] A bleak forecast indeed! At the low point in the 1930s, U.S. unemployment exceeded 20%. To put that figure into context, the peak unemployment rate during the severe recession of 2008-2009 was 10%. What are investors to make of such a claim? How worried should they be? The key to knowing how seriously to take an article of th
