this post was submitted on 23 Aug 2023
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[โ€“] [email protected] 4 points 1 year ago (1 children)

They've been around forever and it's for financial wonks so their intended audience in this case is people involved in everything financial as it pertains to houses from C level to keener analysts.

It's legit.

[โ€“] [email protected] 9 points 1 year ago (1 children)

Bloomberg a legit news source. Two things though:

  1. This BNN Bloomberg, which is Business News Network after getting acquired by Bloomberg. It's still a pretty factual news source (sometimes even more so than Bloomberg itself)
  2. This isn't news. It's a person (Phillip Colmar, partner at Global Strategist at MRB Partners) saying what they think. It's more like an opinion piece, improvised on live television, and most of those are indeed garbage even in otherwise respectable outlets.
[โ€“] [email protected] 1 points 1 year ago

I'm sure a large commercial financial news outlet is factual most of the time. And I'm sure a lot of the time that they aren't (even if through omission), it's serving their owners.