Ron Lipsman | Media Matters for America

Ron Lipsman

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  • Right-wing media suggest stock market fluctuations are good judge of policy, experts disagree

    ››› ››› JOCELYN FONG

    Following President Obama's January 21 proposal to limit the size and risk-taking behaviors of banks, right-wing media figures have cited the recent dip in the stock market to criticize Obama's plan. However, economic and financial experts have said that a decline in financial stocks is not an indication that regulation is ill-advised and that stock market fluctuations do not necessarily represent the broader health of the economy.