Critical News Analysis

It’s getting so you don’t want to turn on the news anymore, because it’s seldom good where the economy is concerned. Perhaps it’s because conventional wisdom says good news doesn’t sell. But bad news, repeated often enough, can become a self-fulfilling prophecy. Your college professors were right to teach you to read critically. Just as you put your most eye-catching pieces in the front of the case, news is written with the most attention-grabbing information first. But critical analysis provides the entire picture. Recently, Forbes.com featured an article titled “The Working Rich Are Nervous.” The working rich, well off but not immune to economic vagaries, make up much of the customer base for many better independent jewelers, and the article suggests that these folks (net worth between $1 million and $10 million) have slammed their wallets closed. It cites research
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