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Wall Street Journal (September 7)

2020/ 09/ 08 by jd in Global News

“The stock market barely faltered in the 1918-20 pandemic,” but history is not repeating itself. The similarities are misleading. “Yes, the markets have bounced back, just as they traded higher in the months after the pandemic’s start 100 years ago. But a careful analysis of the two periods shows that economic uncertainty has been far higher during the current pandemic than it ever was then.”

 

Business Insider (May 2)

2020/ 05/ 03 by jd in Global News

“April was the best month for stocks since 1987. But this stand-out performance” may be misleading. “History is rife with many examples of bear rallies that give way to even deeper losses.”

 

Washington Post (June 18)

2019/ 06/ 20 by jd in Global News

“The president’s lying is the only argument you need in a debate about Trump…. There is virtually no topic about which Trump hasn’t lied, often repeatedly. Immigration, trade, Iran, North Korea, health care — they all lead back to false and misleading claims.” For this reason, 500 days before the election, the Florida Sentinel became the first newspaper to make a 2020 presidential endorsement: “Not Donald Trump,” who the paper deemed a “unique and present danger” to the Constitution of the United States of America.

 

Economic Times (January 22)

2019/ 01/ 25 by jd in Global News

“Two years after taking the oath of office, US President Donald Trump has made 8,158 false or misleading claims, according to The Washington Post’s database.” What’s more, he is picking up the tempo. “The President averaged nearly 5.9 false or misleading claims a day in his first year in office, but he hit he hit nearly 16.5 a day in his second year, almost triple the pace.”

 

Washington Post (April 30)

2015/ 05/ 01 by jd in Global News

It is misleading to compare recent U.S. riots to “the unrest that followed the verdict in the 1992 Rodney King police brutality trial…. The fact is that steep increases in income inequality and mass incarceration, as well as racial disparities in school discipline that start in preschool, mean that the prospects of young African American men are worse now than they were then.”

 

Washington Post (June 2)

2014/ 06/ 03 by jd in Global News

Thomas Piketty’s book, Capital in the Twenty-First Century, has attracted both applause and derision as it soars in popularity. Recent criticism has aimed largely at the supporting data, which suggests inequality has reached new heights. Not so, writes Robert Samuelson in the Washington Post. “Inequality isn’t as great now as in the ’20s. This is history’s real lesson. Although the debate over inequality is legitimate and important, we shouldn’t distort it with misleading and overwrought rhetoric.”

 

Euromoney (March Issue)

2013/ 03/ 11 by jd in Global News

“Investors are probably being too bullish about the size and buying power of Africa’s middle class.” Following a 2011 African Development Bank (ADB) report which pegged the middle class at 313 million, “it has become commonplace to hear wonderful things about the rise of Africa’s middle class.” The ADB’s figure, however, is misleading as it includes individuals making between $2-5 per day. Using a more conservative definition of those making $10-20 per day, Africa’s middle class would probably number less than a quarter of the ADB’s estimate. “Africa has vast potential, but investor sentiment today is pricing in a level of progress towards it that is not yet backed up by facts.”

 

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