Yes, and also:

Outrage is 'entertainment' in the broadest sense. Bloomberg newsletters are read by people who have goals besides entertainment.

When you are trading, you suddenly do care about accurate information, instead of just pandering to your existing biases.

(Newsletters like Money Stuff is still entertaining enough. It's just not the only goal.)

Compare also https://www.cato-unbound.org/2006/11/05/bryan-caplan/myth-ra...

When you're trading, you're also less likely to read newsletters, which are not a source of accurate information. In that respect, Bloomberg is pretty good since their information service on the Terminal is unmatched.

It's Bloomberg's main reporting that's getting worse imo.