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Media Appearance: Kudlow & Company (8/9/07)

Posted By Barry Ritholtz On August 9, 2007 @ 4:33 pm In Media | Comments Disabled

Kc128x88 [1]

Tonite is a very special Kudlow & Company: On CNBC, either 5:00 or 5:10, for just one segment, its just Larry and I, discussing one-on-one just what the hell happened today.

What will we be reviewing? Here are 4 items:

1) For the 2nd consecutive month, Retail Sales were disappointing [2];

2) Today, BNP Paribas [3] fund suspension caught many off guard. Then, yesterday’s rumor of a Goldman hedge fund blow up turned out to be accurate [4].

3) The ECB added liquidity to the markets [5], as did the Fed [6]. Their moves had a faint whiff of panic [7] to them [7];

4) Volatility spike: after periods of rising markets with low  Volatility, a spike has rarely if ever meant higher near term prices.

To say the least, it should be interesting.

>

UPDATE August  9, 2007 10:22pm

The video is up on CNBC.com [8]
http://www.cnbc.com/id/15838446/site/14081545/


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2007/08/media-appearance-kudlow-company-8907/

URLs in this post:

[1] Image: http://moneycentral.msn.com/content/CNBCTV/TV_Info/P12129.asp

[2] Retail Sales were disappointing: http://www.marketwatch.com/news/story/july-hot-not-retailers-consumers/story.aspx?guid=%7BBFA3093C%2DED74%2D4641%2D9410%2D0B2FB0E75EA5%7D

[3] BNP Paribas: http://online.wsj.com/article/SB118664884606092848.html?mod=hps_us_whats_news

[4] turned out to be accurate: http://online.wsj.com/article/SB118667784449293149.html?mod=hps_us_whats_news

[5] ECB added liquidity to the markets: http://online.wsj.com/article/SB118666332147492919.html?mod=hps_us_whats_news

[6] Fed: http://online.wsj.com/article/SB118667107866393024.html

[7] whiff of panic: http://www.bloomberg.com/apps/news?pid=20601087&sid=aCWlglzLiJNo&refer=home

[8] CNBC.com: http://www.cnbc.com/id/15838446/site/14081545/

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