Markets closed Friday afternoon, ending Wall Street's worst year in over a decade. See potential bias and similarities in coverage from CNBC, FoxBusiness, CNNBusiness:
Across the media spectrum, the causes cited for the stock market’s difficult year are mostly consistent. The most common factors blamed are lingering COVID disruptions, supply chain breakdowns, inflation, interest rate hikes by the Federal Reserve, and the Russian invasion of Ukraine. CNN also cited severe weather and climate change as a factor contributing to the market slip, which
, Fox Business, anddid not include in their reports. cited a market investor claiming that the interest rates from the Federal Reserve were the most damaging actions seen this year for the market, more so than international issues such as China’s COVID struggles or the Ukraine War.A Fox Business article looked to 2023 with “growing concern about the likelihood of a recession.” Axios cited market over-performance in the previous few years