Trust In Media Hits New Low Especially With GOP

Trust In Media Hits New Low (Especially With GOP)

Editor: Vlad Rothstein | Tactical Investor

Random Thoughts

Whenever experts state that something is dead, hated or disliked, one has to start viewing that sector in a more favourable light. Value stocks are likely to start trending upwards shortly. We suspect one more wave of pain might be necessary to drive the last holdouts out of this sector.  CALM is an example of a value stock.  When the masses state something is dead, the opposite is usually true. Buy when the masses are panicking and run when they are Euporic. Is Value Investing Dead?

Trust in social media hits record low amid fears over fake news

Fewer than a quarter of people trust the technology and publishing giants. Most Britons believe that such companies are doing too little to address extremism, tackle cyberbullying or prevent illegal use of their platforms, the world’s largest study of trust has found.

Sixty-four per cent want social media companies to face tighter regulation. There are continuing calls for them to be accountable for inappropriate content. The 2018 Edelman Trust Barometer also found:Full Story

Americans’ Trust in Mass Media Sinks to New Low

Americans’ trust and confidence in the mass media “to report the news fully, accurately and fairly” has dropped to its lowest level in Gallup polling history, with 32% saying they have a great deal or fair amount of trust in the media. This is down eight percentage points from last year.

Americans' Trust in the Mass Media

Gallup began asking this question in 1972, and on a yearly basis since 1997. Over the history of the entire trend, Americans’ trust and confidence hit its highest point in 1976, at 72%, in the wake of widely lauded examples of investigative journalism regarding Vietnam and the Watergate scandal. After staying in the low to mid-50s through the late 1990s and into the early years of the new century, Americans’ trust in the media has fallen slowly and steadily. It has consistently been below a majority level since 2007.

It is also possible that Republicans think less of the media as a result of Trump’s sharp criticisms of the press. Republicans who say they have trust in the media has plummeted to 14% from 32% a year ago. This is easily the lowest confidence among Republicans in 20 years. Full Story

Trust in Mass Media, by Party

NEARLY HALF OF REPUBLICANS THINK NEGATIVE STORIES ARE FAKE NEWS

A new Knight-Gallup poll of 19,000 adults found that trust in the media is at a new low, with Americans ranking their faith at 37 out of 100. Republicans have the harshest stance: 68 percent said they have a less favorable view of the media, compared to 54 percent of Democrats, and four out of 10 Republicans said reports painting politicians in a negative light should “always” be deemed “fake news.”

Half of Americans feel that media outlets allow readers to cut through bias, a drop from 66 percent in previous polling.  Only 27 percent of Americans say they are “very confident” in spotting factual news. When they share news, 68 percent say they are doing it with people who hold the same views as them. Full Story

Other Articles of Interest

2018

Stock Market Insanity Trend is Gathering Momentum   (Jan 10)

Is value investing Dead   (Jan 9)

Irrational markets and Foolish Investor: perfect recipe for disaster   (Jan 5)

Stock market Crash Myths and Realities  (Jan 3)

Bull-Bear Markets & Arrogance   (Jan 1)

2017

Will The Stock Market Crash In 2018  (Dec 11)

Has US Dollar Finally Hit Bottom    (Dec 6)

BitCoin Has Done What Precious Metals Never Could  (Dec 4)

Experts Making Stock Market Crash Forecasts usually know nothing  (Nov 17)

1987 stock market crash anniversary discussions- nothing but rubbish ( Oct 24)

Dow 22K Predicted In July 2017; Next Target Dow 30k? (Oct 15)

Anxiety and Greed Index Don’t Support Stock Market Crash  (Oct 14)

Fed States Inflation is not an issue?  (Oct 13)

Is Bitcoin a Bubble or Good Investment?  (Oct 9)

Stock market crash; best time to buy stocks   (Oct 6)