Nitwit CNBC Analysts Confused, Annoyed
Absolutely priceless. Time to buy! Time to sell! This is why we exist! Please throw us a lifeline. Stop thinking of the big picture.
“We’re not there yet?!?!”
Whoever scheduled these guys for “Power Lunch” has a great sense of humor. That, or he’s an idiot. The Black Swan: The Impact of the Highly Improbable
is on my reading list.
February 16th, 2009 at 13:38
Wow, they didn’t hear a thing these guys said.
February 19th, 2009 at 14:41
This is the same network that gives voice to that pimp-suit wearing fuckwit Larry Kudlow, that tireless defender of the downtrodden millionaire, executive and investor class and a probable cat raper.
Everyone at that CNBC desk was saying the same thing–”Don’t ask me to change much, least of which is how we in the finance business get paid. And how soon can we go back to acting like we were a year ago?”
These two guests have been interviewed in BusinessWeek. I think they are accurate about quite a lot. However, no one’s models are foolproof and there’s always a set of variables that are unforeseen.