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Pastimes : CNBC -- critique.

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To: John Carragher who wrote (13936)1/20/2005 3:10:52 PM
From: Lizzie Tudor  Read Replies (3) of 17683
 
I'm just saying we are in a bear market. Raise your hand if you think we're in a bull market? OK, Larry Kudlow and some wingers like Lazarus Long. Otherwise its unanimous and the numbers don't lie, this is a bear.

CNBC does poorly with their ratings in bear markets, and this bear has gone on for years, assuming 03 was a countertrend rally. So they are trying to fill up the lineup with "fluff" like Dennis Miller and other non-financial news. Bad for them, because there are too many sources for non-financial talkshows and CNBC is a financial news channel period.

I don't know what they can do but wait until the 10 year bear market or however long it lasts is over. This is a 70s-style investing climate particularly as it pertains to equities. In other words it sucks
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