Other parts of the UK press have picked up on the Stewart/Cramer debate discussed below. The Guardian wonder whether it should happen to financial journalists in the UK.
Of course it should, but the UK journalists that should be scrutinised are those that pumped up the housing markets for year after year, without caring or thinking about the consequences.
However, there still remains too much of a cosy and self-interested consensus - with journalists' employers receiving significant sums of advertising money from the housing industry, and too many householders still believing (hoping?) that their house prices are real.
This allows evidence-free articles like this to still be published, written by journalists still desperately trying to pump up the market.
Edited to add (after Matt's comment): I am not accusing anyone of dishonesty, just ignorance and bias (same as Jim Cramer).
3 days ago