Last week we noted that the media hyperventilated over the stock market losses through the first three weeks of April, even blurting that this was the worst month since the Great Depression. But the naysayers have ignored the big market comeback of the last few weeks.

As if to validate our point, the Sunday New York Times published a chart on the front page saying that “the S&P 500 is on track for the worst start to a presidential term since Gerald R. Ford took over from Richard M. Nixon in August 1974.”

That’s true except the reporters failed to show in the chart or even MENTION that since then the big stock market selloff in March and April has reversed most of those losses. As CNBC reported late Friday:

Stocks have erased nearly all early April’s losses, in part, due to the strong jobs report. Through Friday’s close, the S&P 500 has notched its longest winning streak since 2004.

We still think there are many rough economic and financial waters ahead with the trade and tariff turmoil, and that there may be some irrational exuberance going on here, but is it asking too much for the Hate Trump media to be a little honest.