Ignore the noise of the media and start listening to those who are in the markets - a good article by Barry Ritholtz

Ignore the noise of the media and start listening to those who are in the markets - a good article by Barry Ritholtz. In speaking with strategists, money managers, economists and analysts one pattern that rapidly revealed itself was the schism between the commentariat and the markets. The noisy, click-hungry, traffic-seeking headlines of the online and TV financial news media often have a very different tone, focus and punch line than what is going in equity and fixed-income markets themselves. Indeed, the divergence between markets and the coverage is a key takeaway from these interviews. (VIEW LINK)