Scathing critique of investment coverage

Columbia Journalism blog critiques BusinessWeek's investment outlook
Stephen Baker

The blog on the Columbia Journalism Review lambastes BusinessWeek for its . Maybe I'm a tad defensive, but I think the misdeeds we're being charged with are common to most journalism that dares to predict market behavior. Basically, you have to hedge. This is true when writing about any markets, whether it's the dollar, interest rates, housing or oil. When we're dealing with unknowns like this, should journalists make calls, or simply provide the facts on both sides and leave it at that?

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