While CNBC is undoubtedly a valuable information resource, I have some concerns about their programming and editorial slant. They are obviously geared toward the short term trader and I think they contribute a lot to the herd mentality and momentum investing in today's market. Buy-sell-hold rankles me...these guys have opinions that are a mile wide and an inch deep.
The TA stuff with Bill Griffeth I find annoying. He's the Bill Clinton of investing...wet finger in the air every time.
Kudos to Joe Kernan who at least has the decency to shake his head in bewilderment when a tech announces record earnings while the price dives. Joe Kernan bewilderment I'm learning is a valuable buy signal.
And they would be doing us male viewers a huge favor to put Lorraine Hahn and that new blonde reporter on more often! |
