Take stocks off the stove

PUBLISHED : Tuesday, 23 March, 1993, 12:00am
UPDATED : Tuesday, 23 March, 1993, 12:00am

IT seems to me that the media is devoting far too much time and attention to the rise and fall of the stock-market.


Not only do we have brokers appearing on the television and radio as political gurus, we also have the extremely emotive language used by the press. Words such as ''plunge,'' ''collapse,'' ''dive,'' ''wipe out,'' are used almost every day.


It is commonly believed that China has a good deal of money invested in the stock-market. Surely, then, it is playing China's manipulative game to use words that can engender panic.


Is the stock-market China's second stove? If so, then it is about time that it was put on the back burner.


JEANETTE BRESNIHAN The Peak

 

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