Thursday, December 19, 2024

The Economics of Media Bias

According to the WSJ... MSNBC and CNN are fighting to dig themselves out of a post-election ratings hole. Their loyalists have suddenly grown a lot less loyal.
 

Dear Reader,

According to The Wall Street Journal...

MSNBC and CNN are fighting to dig themselves out of a post-election ratings hole. Their loyalists have suddenly grown a lot less loyal.

I don't blame them one bit.

According to one recent survey of Americans, 49% of respondents said that the stock market went down in 2024!

When in reality, stocks were up 20% by the end of the third quarter...

That makes 2024 one of the best years in the market since the 1990s.

It's crystal clear that – regardless of their politics – millions of Americans feel the mainstream media simply isn't giving them the straight story.

And the same is true of much of the financial media today.

At this time last year, the mainstream warned that the "Magnificent Seven" would get crushed in a 1970s-style crash.

But that obviously wasn't the case if you were looking at the data...

In early January, I wrote in a note to my followers:

Today, it's clear it would have been a terrible idea to sell the Magnificent Seven back in January.... After all, 2024 was a banner year for stocks!

But if you didn't see your portfolio achieve market-beating returns this past year, here's what I recommend...

Stop watching CNBC and watch this instead.

On Tuesday, I laid out my post-election roadmap for the financial market and where I expect stocks to go in 2025.

I know those who tuned in felt it was comprehensive, surprising, and much needed.

That's because I rely on stock market data to guide my annual forecast each year.

I truly hope you use it to inform yours, too.

But don't delay...

Click here for my ultimate 2025 stock market roadmap.

Regards,

Marc Chaikin
Founder, Chaikin Analytics

P.S. I've made the unedited replay of my highly sought-after annual market briefing available to you for free as a Chaikin Analytics reader.

You should know I revealed two FREE stock recommendations...

And right now, you can still receive them when you watch the full and unedited replay.

Here's why that's so valuable...

During my 2024 annual market forecast, my free BUY recommendation was Fortinet (FTNT).

Since then, the stock soared 42 % – nearly double the return of the S&P 500.

And during my 2023 market forecast...

My free BUY recommendation was Netflix (NFLX).

Well, shares went on to soar 52% by the end of 2023 – in this case, MORE than double the returns of the S&P 500

So, I wouldn't be surprised to see the FREE buy recommendation I shared during my annual forecast double the return of the market again this year, too.

Click this link to view the full unedited replay before those FREE recommendations are removed.

 

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