On the anniversary of the start of the 1929 crash, US stocks yesterday stepped back from the abyss, absorbing another day of steep losses but avoiding the catastrophe that investors and analysts feared when markets opened in New York. Full Story »
Posted by Derek Hawkins
The Globe's overreaching weakens an otherwise basic news story. Broad, unattributed statements crop up in several places -- e.g. "Fear is driving the market now, and investors are acting on bad news, which should be coming for a while." The Globe simply doesn't have the credibility to practice this type of newswriting. It should have brought in more experts to explain these things.
