NPR Says Investors In Asian Stock Markets Are Morons

by

In its top of the hour news segment on Morning Edition NPR presented an analyst from the BBC who said that the Asian stock markets fell because investors are worried that the U.S. economy might slip into a recession. The United States has been seeing very bad economic data for the last two months. If there were any investors who didn't already realize that the U.S. economy is in a recession, then they should have not be managing investments.

--Dean Baker

You can count on the Prospect, can we count on you?

There's no paywall here. Your donations power our newsroom as we report on ideas, politics and power — and what’s really at stake as we navigate another presidential election year. Please, become a member, or make a one-time donation, today. Thank you!