As the markets continue to dip and the economy remains the topic du jour following the turmoil last week, TVNewsers reflected on the story.
CNN senior business correspondent Ali Velshi is interviewed in the New York Times, and describes the need for selective wording. “We’re very careful not to throw words around like ‘meltdown’ and ‘free fall,’” he said.
This weekend on CNN’s Reliable Sources, Velshi said the meltdown stories came “too late.” “It didn’t have that urgency,” he said. “One of the things about the Dow in particular or stock market is it gives you urgency. You can see that number in the corner of your screen urgently. Gas prices, you can see urgently. You can see them change every day.”