Here is last night’s CNBC appearance:
Starting at the 4 minute mark
Airtime: Wed. Aug. 11 2010 | 7:05:0 10 ET
Discussing Cisco’s shares slumping after hours and the market sell-off, with Arthur Hogan, Jefferies; Barry Ritholtz, Fusion IQ; Jim Lacamp, Macroportfolio Advisors and CNBC’s Herb Greenberg.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Overall household indebtedness is up from $7 trillion to almost $10 trillion since 2000. On this sum, we estimate, the American consumer has an annual interest bill of more than $500 billion; a sum, by the way, that vastly exceeds his current income growth." —Kurt Richebacher
Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...
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August 12th, 2010 at 6:45 am
August 12th, 2010 at 8:18 am
What a contrived piece of TV fluffery. There are more people seeing a double dip, than are not seeing one. Your twisted, selective statistics might fit your agendas but let us not feel overly joyed by 2% growth on the back of a two trillion stimulus pump prime. Oh! and lets all cheer for corporate conglomerates around the world because they are not in a depression.
August 12th, 2010 at 9:35 am
WhatTF agenda are you talking about?
I have to say, I found your comments not only wrong, but bizarre . . .
August 12th, 2010 at 9:45 am
Kudlow is always bent on slanting things positive. Look how he basically shut Lacamp up. All I am saying you guys make things sound like we are in a normal reccessionary downturn when the truth is far, far from that.
August 12th, 2010 at 10:32 am
They are talking about the stock market, not the economy
August 13th, 2010 at 1:08 am
Kudlow=Cramer. Anyone who appears on his show demeans themselves.
August 13th, 2010 at 2:46 am
I shall add that.
Anyone that spends nights whining at such a person demeans themselves.
August 14th, 2010 at 1:52 am
@JustinTheSkeptic
I’m sorry, I must be stupid, because I don’t understand how a word of that is relevant.
Barry, I don’t disagree with anything you said here, but Kudlow’s yelling is not helping anyone understand what he means by “downgrading the economy.” Is he talking about the Fed’s loosening (or not tightening) of monetary policy, or what?