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Sunday, July 21, 2024

Axios Markets

Newsletters, including this one, are an attempt to circumvent the all-powerful social media gatekeepers.

  • In this week’s newsletter, I give one reason why that’s a good idea. Also: diaspora bonds; a single-parent conundrum; when governments buy stocks; and more. All in 1,632 words, a 6-minute read.

1 big thing: Where fake news is ubiquitous

On U.S. social media, false and harmful posts from connections shilling the dubious products of multi-level marketing (MLM) companies have become inescapable.

Why it matters: Trust in media is descending to unprecedented depths — and social media increasingly is media. News is not a distinct category any more, so much as it’s a single ingredient in a wide-ranging and often highly toxic stew of highly disparate posts.

More here >

 
 
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