We Get It: The Stock Market Is Sinking

Yesterday I mocked President Trump for being more concerned with the stock market than with the coronavirus. I stand by that, but it’s hard to blame him too much when I wake up to headlines like this:

Sure, you say, but that’s the Wall Street Journal. They’re supposed to be obsessed with the stock market. But here’s the New York Times:

And the Washington Post has a live feed so you can watch the stock market crater before your eyes:

I could forgive this infatuation with the stock market if it was connected to some actual change in the broader economy, but it’s not. It’s handy only because most economic indicators are calculated monthly at best, and that’s boring. The stock market may not have much to say about the real-life state of the economy, but it changes daily—hourly, even—and that makes it exciting.

But that’s no excuse. A serious piece about how the coronavirus is likely to affect the global economy is fine. But stock porn? Spare me.

REAL QUICK, REAL URGENT

Minority rule, corruption, disinformation, attacks on those who dare tell the truth: There is a direct line from what's happening in Russia and Ukraine to what's happening here at home. And that's what MoJo's Monika Bauerlein writes about in "Their Fight Is Our Fight" to unpack the information war we find ourselves in and share a few examples to show why the power of independent, reader-supported journalism is such a threat to authoritarians.

Corrupt leaders the world over can (and will) try to shut down the truth, but when the truth has millions of people on its side, you can't keep it down for good. And there's no more powerful or urgent argument for your support of Mother Jones' journalism right now than that. We need to raise about $450,000 to hit our online fundraising budget in these next few months, so please read more from Monika and pitch in if you can.

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REAL QUICK, REAL URGENT

Minority rule, corruption, disinformation, attacks on those who dare tell the truth: There is a direct line from what's happening in Russia and Ukraine to what's happening here at home. And that's what MoJo's Monika Bauerlein writes about in "Their Fight Is Our Fight" to unpack the information war we find ourselves in and share a few examples to show why the power of independent, reader-supported journalism is such a threat to authoritarians.

Corrupt leaders the world over can (and will) try to shut down the truth, but when the truth has millions of people on its side, you can't keep it down for good. And there's no more powerful or urgent argument for your support of Mother Jones' journalism right now than that. We need to raise about $450,000 to hit our online fundraising budget in these next few months, so please read more from Monika and pitch in if you can.

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