This style of story-telling is ubiquitous in how the stock market is reported. Every day there's a ton of news and the market either goes up, goes sideways or goes down. Reporters see what happened then pick a sample of news and say "The market rallied on news X & Y". Barry Ritholtz had a great example of a day when the market opened low and then rallied and a newspaper published a morning edition saying the market was selling off because of A and an afternoon edition where it said the market was rallying on the same piece of news.
Fact is that we generally don't know why some things happen, real-life doesn't make for simple stories and people that lose or do bad things are also capable of being kind and charming at other times. We're all heroes of our own stories.