Is the World Ending or Not? The Media Can’t Decide

The stock market rally finally suffered substantial losses Thursday as the 10-year Treasury yields continue to rise. So, do we find ourselves staring down the barrel of a broad stock market retreat or a sector rotation?

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Is the World Ending or Not? The Media Can't Decide

When it comes to trading and the media, I get a little frustrated, as you well know. The headlines on Thursday and Friday morning didn't alleviate that concern either.


Thursday, as I pointed out to my Venture Society readers, the world was ending.


And as I told those readers, those panic-button headlines can be put to rest in a single sentence.


And lo and behold, what does CNBC's front page look like Friday morning?


Everything in the world is all hunky-dory. So, please…

Ignore the Headlines

Is 'The Great Reopening Trade' Coming to an End?

July 7, 2021

The narrative that financial media seems to be attaching to that move is that the "Great Reflation Trade" is all over, and that inflation is over. But I'm not so sure.

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