Financial Journalism Ethics

Statements by high officials are practically always misleading

when they are designed to bolster a falling market.

Gerald Loeb

Why are rising financial markets in the best interests of whom?

Are the most convincing lies mostly true?

Lying by omission

One lies by omission by omitting an important fact,

deliberately leaving another person with a misconception.

Lying by omission includes failures to correct pre-existing misconceptions.

…Propaganda is an example of lying by omission.

Wikipedia

Is it hard to get entrenched economic and political leadership to understand,
if relative legitimacy depends on not understanding?

Can many believe what they want,
even if what they want to believe isn’t true?

If you choose not to know something,

especially if that something is something you should know,

you are morally blameworthy.

Robert Lawry

Director of the Center for Professional Ethics

Can repetition create truth?

Could a larger percentage of what you think you think,
be what some frequently suggest you think you think?

All that was needed

was an unending series of victories over your own memory.

George Orwell

Can thought be controlled by repeating positive messages
while underreporting negative, and vice versa?

Have financial markets gained after beating over-reduced expectations,
under-reported bad news or positively spun late afternoon press leaks?

Immaturity is the incapacity to use one's intelligence

without the guidance of another.

Immanuel Kant

Could simultaneously reading, watching and listening to targeted messages
reinforce what may be biased and/or misleading information
kind of like watching Talking Points Memo with Bill O'Reilly
and a lot of financial news shows?

Misconceptions play a large role in shaping history.

George Soros