SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : CNBC -- critique.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Smiling Bob who wrote (11396)8/24/2002 11:50:25 AM
From: Hoatzin  Read Replies (1) of 17683
 
So I flip over to CNBC last night while The Absorbent One is on a commercial break, and Kudlow is talking about the Dow being down 30-something percent from the highs in early 2000, the Naz down 70-something percent, etc.

Then he asks his guest (Laffer?), "What do you think it will take for the markets to get back to that plateau?"

The guest gave some kind of blabla answer that was of zero interest to me, but I thought, Plateau? Excuse me? I don't recall that being so much of a plateau, Larry! More like a Parabolic-Once-In-A-Lifetime-Super-Deluxe-Madness-Of-Crowds-Tulipomania-Blowoff with all the fixin's. And just what would it take to get the Naz back to 5,000? Maybe 10 years of real economic growth, without any major wars, plague or other disruptions? Or perhaps if the government introduces hallucinogens into the public water supply on a regular basis...?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News