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Joe Weisenthal, executive editor of news for Bloomberg Digital at Bloomberg L.P., observes that business journalists sourcing information from sell-side analysts are also in competition with them for market attention.
Weisenthal suggests that both groups are vying to capture the same audience in the financial news space.
Weisenthal has previously commented on retail investor behavior. He suggested the SpaceX IPO could attract significant retail involvement, noting past losses from underestimating retail-driven valuations. In another update, he reported Core PCE inflation rose 0.2 percent in the latest reading, below the expected 0.3 percent.