April 12, 2025
A media-induced market collapse
By Earick Ward
Imagine a world where your and my newsfeed is at least minimally balanced and not filled with left-wing scare-mongering.
The Democrat party and legacy media are apoplectic about Donald Trump’s policies, particularly his tariff policy. Trump is taking on an issue that has had universal support among prior Democrat and Republican administrations alike. Democrats and media (but I repeat myself) don’t like how he is going about it. They’re upset that the president is targeting allies, who have taken advantage of America less than China, that he’s disrupting normal order.
Jobs numbers and inflation data don’t support any of this. Consumer confidence is down, as reported by Axios, but notably, Axios indicates that its survey was taken before Wednesday’s and Friday’s market rebound. It also precedes the president’s rollback on most tariffs to 10 percent and any particular news about the 70-plus countries that have reached out to make a deal, yet the media huff and puff at the temerity of the president’s plan to reorder the global economy. How dare the president want a fair deal from our trading partners?
How much of the market drop was due to these dire prognostications? I suspect much of it. How could the average American not worry about Economic Armageddon when TV spokesholes are blathering on about America’s collapse?
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https://www.americanthinker.com/blog/2025/04/a_media_induced_market_collapse.html