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by dibt
1290 days ago
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At the bottom of the article: "Negative views on crypto come at the same time as the public has soured on stocks. Just 26% say now is a good time to invest in equities, down two points from last quarter's survey and the most pessimistic level registered in the 15-year history of the survey. 51% say it's a bad time to invest, the third highest in the survey's history, bested only by the downbeat results of the prior two surveys." It's an example of Base-Rate neglect. https://en.wikipedia.org/wiki/Base_rate_fallacy Often done in media due to a bias they are attempting to confirm. Almost all financial assets are down, and not appealing to retail investors. Negative news gets clicks. |
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