Global economic news coverage was a lot less positive in October

Global economic news coverage was a lot less positive in October. The ASR/WSJ global news flow composite index declined to 54.7 last month from a 58.2 reading in September. October's was the lowest reading since July 2013. The ASR/WSJ indexes, unveiled in September, are diffusion indexes that compare the number of positive news stories versus the number of negative stories on an economic topic. For individual-topic indexes, a reading above zero indicates more coverage is positive than negative. For the composite index, a compilation of the single-issue indexes, a reading above 50 indicates net positive economic coverage. Interestingly even the US declined in October. (VIEW LINK)