assholes on CNBC, Caruso-Cabrera is the worst.

Give anyone a camera and they sell out so fast.

I expect if I took a week off devoted to the purpose, I could think of something with less influence on the market than CNBC interviews....

These people are charlatans.

and if doom and gloom moves the markets then every single one of them do it every single day.

cnbs 10 years ago, been watching Bloomberg every since

Last edited Wed Nov 28, 2012, 01:10 AM - Edit history (1)

Doesn't he know you must be careful not to spook Wall Street? They're kind sensitive souls who get distraught when they hear loose talk about, you know, actually funding the health insurance that senior citizens pay for out of their own pockets.

CNBC? No really, what freaking purpose does this "channel" serves?

Don't know why his taking Medicare cuts off table would upset Repubs when they were the ones scaring voters throughout the election claiming that Obama had cut Medicare so severely that people should vote for Repubs instead!

Bloomberg tries to present both sides of an issue.

if you have ever seen Caruso on maher you will see how she spouts the party line. She is from the old school of Cuban Americans who believe we should not have relations with Cuba.

Her demographic is being replaced by younger Latinos, Cubans, and Mexican Americans as the last election demonstrated

the anchor being disrespectful to an elected official. Seriously, what is the major mental malfunction with supposed journalists these days?

market traditionally has a lot of cross-currents

What is her excuse going to be if the market goes up tomorrow?

Best thing you can do if you play the stock market, is buy good quality stocks and hold them, ignoring idiots on CNBS

The Market was around 12,920 at 3:30 and dipped from there to about 12,890 before it rose again in two blips to about 12,900 at about 3:45. What, we're talking a percentage drop of around 0.002% in value.

The Market dropped again after that to around 12,875 (I doubt this second drop had anything to do with Grijalva -- but then, doubt the first drop was his doing either). But even after this drop, the Market was bouncing back up at the closing bell.

On the day, the Dow lost 0.69% of its value.

Caruso-Cabrera is as loose with her facts as she is with her lips.

Not serious investor.

Do they still listen for E F Hutton too?

CNBC used to have this scam where a lobbying group could shovel over huge sums of cash, and CNBC would allow them to ring the opening bell at the NYSE, or other markets.

The evil association for which I was temping did this, even planned a party for it, and when the blessed day arrived I walked into the lobby to see the marketing drones flitting about, trying to turn all the televisions over to CNBC.

But there was a problem: not one person in an entire 14-story office building knew what channel CNBC actually was on, and CNBC itself was showing so many commercials that nobody could find it.

(Edit: I should add that I could have found which channel it was in fifteen seconds, but it was much more fun to watch a bunch of incompetent corporatists all try to "execute" the answer from thin air. They never managed to exert their authority far enough down the seniority tree to reach the guy who knew--me, the temp--even though he was eating meatballs while they ran around directing each other. That's pretty much how they did everything, and they effectively ran the EPA for six years.)

They very nearly missed the event, and the knot of two dozen disinterested people who watched it while cramming donuts and meatballs down their gullets probably represented the largest gathering of viewers CNBC had that day. I'm pretty sure that CNBC exists primarily as a way for corporate America to auto-fellate itself, hardly realizing that nobody else ever watches it--except when they're running that documentary on weed.

Thanks

look fair and balanced.

a wingnut

Yeah, Michelle. A Congressman from Arizona has the power
to move the stock market. Just like Mitt Romney did.

A political point of view is one thing. Paranoid delusions
are another, and should not be allowed to substitute
for journalism.

Why in the world would she believe any program that she was a part of would have the power to move the markets? Sheesh!

...she is one of the most stupid...almost as bad as that other shrill shrieker Bartiromo..

November 27, 2012, 3:15 PM
Stocks Drop On Reid’s Downbeat Fiscal-Cliff Comments

http://blogs.wsj.com/marketbeat/2012/11/27/stocks-drop-on-reids-downbeat-fiscal-cliff-comments/

NEW YORK (MarketWatch) — U.S. stocks dropped on Tuesday after Senate Majority Leader Harry Reid said little progress has been made in talks aimed at averting the so-called fiscal cliff.

http://articles.marketwatch.com/2012-11-27/markets/35375403_1_fiscal-cliff-charles-schwab-center-stocks-fall

US STOCKS-Wall St falls, hit by Reid's 'fiscal cliff' comments

NEW YORK, Nov 27 (Reuters) - U.S. stocks slid on Tuesday in a choppy session, losing ground in the last hour before the close after Senate Majority Leader Harry Reid expressed disappointment that there has been "little progress" in dealing with the "fiscal cliff."

The market was flat for most of the session but fell sharply after Reid's comments, a signal that investors remain skittish about the wrangling in Washington. The CBOE Volatility Index, or VIX, rose on Reid's words.

http://www.reuters.com/article/2012/11/27/markets-usa-stocks-idUSL1E8MR9K620121127

And fuck CNBC. Now let's get back to the real business... the people.

let them tank till the World freezes over, which we know they want do! Even Warren Buffett sees through Wall Street. And how about paying that money back, the tax payers loaned you! We want interest too, about four trillion dollars will suffice!

If Medicare and Social Security are cut, baby boomers (and older generations) will take more than required out of their 401(K) savings to pay their bills.

One senior taking money out of his 401(K) to pay a medical bill that he would not now have to pay will, obviously, not make much difference. But add the money up, and you get a sizable reduction in the money staying in 401(K)s. If Medicare and Social Security continue to cover seniors' basic necessities, they will be inclined to leave their money in their investments for their children.

The older you get, the more you want to leave something for your children. And while one senior may have very little saved, when you think of all the seniors with 401(K)s, it adds up pretty fast.

Also, if the age for Medicare or Social Security is raised further, those forced by unemployment or disabilities or medical needs to retire early will live on what they now have in their 401(K)s. That will be another shocker for Wall Street. The 401(K) scam is not that a huge a portion of the money in Wall Street, but it keeps things going. People put money in and don't take it out unless there is an emergency. That's middle class money.

If Congressman Grijalva's appearance on a TV show can affect the movement of the markets, reducing Social Security or Medicare benefits would be worse.

Just think of how many stocks he could tank, Oh, the absolute power

touted as "analysts" on the telescreens.

That if there is no extension on the Bush tax cuts than investors are most likely going to sell off before the end of the year so they don't get hit with a potential 9 percent tax increase in their profits on stocks. They said capital gains tax rates will jumpt 5 percent because of the Bush tax rate expiration and for household over 200k and addional 3.8 percent from Obamacare taxes on capitals gains. They said the market is going to tank in December because of these taxes.

progressives, or at least democrats, have brought the DJIA from a low of about 6900 in January 2009 when Obama was inaugurated to its current 13,000 +/-?

Your favorite GOP non-existent president, GW Bush took the market when it was around 11K and sent it barreling down to 8K, brought it back up, then ditched it down at 6.9K when he left office. Thanks a bunch. His 8 years cost me about $200,000 in gains I could have gotten in my 401(k).

No one else does.
She's just a pundit, doing what pundits do.
It really doesn't matter in the big picture.

As SE Cupp, Elizabeth Hasselback, and Megan Kelly.
I will say these ladies have phenomenal memories for long screeds of talking points. They just launch a new paragraph, rather than ever answer a straight question.

At least the gawd-awful, Coulterbeast, comes up with something original that she created out of lies and distortion. She does appear to be able to think.

(Hope I don't get banned for talking down these women. There is some talk of that in meta. We can never say anything bad about females because we are a minority.)

Been nice bein' here if I don't see you again. You take your chances as Skinner, says.