There is something very wrong with this Bloomberg article screengrab.
Now, there are four distinct possibilities here:
- This is the quality of headline “reporting” we can expect out of Bloomberg now that the “client surveillance” function has been turned off.
- Bloomberg is cutting costs and is letting algos write headlines. And not just any algos, but those that have a 4 hours delay to real-time prices.
- Bloomberg’s editors are evaluating greener pastures, and instead of actually checking facts – not like fact-checked news are even relevant any more: after all CNN gets its breaking stories from Twitter – are making sure their slideshows of grumpy cats on bicycles targeting the “rest of us” media, are in pristine condition to bag that next Series XYZ preferred round-funded job.
- Pure dumb propaganda.
Whatever the case, the outcome is about as laughable as the US “capital markets”