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Author Topic: How To Spot Suspicious News  (Read 127 times)
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Pi
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Date Registerd:August 09, 2011, 10:12:40 AM
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« on: August 10, 2017, 12:14:28 PM »

I won't say "fake news" but definitely suspicious.

This article is a fine example:
https://www.cnbc.com/2017/08/10/us-stocks-north-korea-retail-earnings.html

Here's an exerpt:
"I think this is normal market action for this time of the year," said Phil Blancato, CEO of Ladenburg Thalmann Asset Management. "People are taking profits off the table" with the U.S.-North Korea situation hanging over the market.

Notice that Biancato says it is normal action for the time of year.  The part about North Korea is not in quotes.  In other words, he never said that.  Whoever wrote the article did.

If you read the article, there's really not much evidence, outside of one quote, that North Korea has anything to do with the market slip.  This is why it is so important to real the entire article with a critical eye instead of just taking the headline at face value.

« Last Edit: August 10, 2017, 12:17:33 PM by Pi » Logged

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