Why is it that every time the Dow takes a major whacking, the media shows us an image of a twenty- or thirty-something guy in either a cheap suit or a bright green shirt with his head in his hands, in apparent agony? (Go to any major news media site right now and you'll see what I mean).
Who is this guy? I'm guessing he's one of those floor pit traders, who somehow yell loud enough above the stock or commodity market din loud enough to be heard, or use a series of hand signals that would confuse any third base coach this side of an American Sign Language convention.
Either way, my hunch is that this guy isn't a major stock market player -- his age, his costume, and his job as a floor hustler seem to suggest otherwise.
So why is he so upset? Whales on Wall Street literally lose millions on days like today. They should be the ones with their heads in their hands, the look of agony, and the choked-back tears.
The stock image is probably something these outlets keep on hand, along with the "Pain at the Pump" shots of regular, ordinary folk filling their Escalades and the anonymous shots of peoples' oversized midsections leading into a diet or exercise snippet inevitably titled "The Battle of the Bulge."*
* For the record, news media vignettes about diet and exercise with the "Battle of the Bulge" tag line struck me as witty only once, and have become progressively less so with each viewing.