The Huge Coronavirus "Reality Gap" Created by the News Media – and What to Do About It

Every time my phone starts ringing off the hook to make TV network appearances, I know it's a sign there's a Reality Gap big enough to make some real money. A Reality Gap is the huge chasm between what the news media (plus Wall Street, Big Government, and Madison Avenue - or as I call them, the "Big Four") is serving you and the actual truth. The illusions they peddle aren't in your best interest; they distract you from what's best for your money. Take China's coronavirus outbreak. Over the past two weeks, I've made seven television show appearances to talk about the coronavirus and how it's impacting markets and individual stocks. It's pretty clear the news media is having a field day over this. Every minute, there's a new update on infections, possible mutations, comparisons to SARS... This human tragedy is being milked for all it's worth. The reason why is simple: Fear sells. No TV news segment, news website, or cable news update is complete without a coronavirus update, because that's currently what gets views. And more views mean more money selling ads. It's overtaken the top of the news agenda - the president's impeachment trial, Monday's Iowa caucus, even the record-breaking wildfires still raging in Australia. Not to mention the things you can actually act on, like Amazon's extraordinary earnings surprise... And the news media isn't the only culprit here, either. Big Government is getting in on the game, too, with health organizations underreacting, then overreacting, and issuing jarring headlines. "CDC: Preparing as If Coronavirus Is 'the Next Pandemic.'" This led to a 250-point drop in the Dow on Jan. 24. And lost amid all this noise is a Reality Gap between what's being said and what should really matter: the truth. And the truth is we're turning the corner on this outbreak. As the very numbers the news media uses to whip up panic show, coronavirus cases are peaking. This means the end is in sight. I know because I did something the news media won't do for you - I took a closer look at the numbers beyond the headline distractions. Let me show you... Full Story Let me show you... Tags: trading strategies To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post The Huge Coronavirus "Reality Gap" Created by the News Media – and What to Do About It appeared first on Money Morning - We Make Investing Profitable .