[quote author=“capablanca”][quote author=“dmcnair”]
Can any of you CNBC watchers tell me what the “tone” of things is right now? I don’t have a TV. Holding a couple pretty strong long trades, but don’t want to get caught in a stampede to exits on Friday afternoon.
I have it on, but cannot claim to be watching. More like background noise to drown out my dog’s snoring.
With that qualification, I’d say the tone is one of breathless anticipation. Maybe clueless anticipation would be even more apt. Imagine a room full of people who know nothing about football talking about a really big game to be played next Tuesday as if it was all that mattered in the world.
Very good metaphor. You could also say they they are a bit like the several different blind men, each describing an elephant…
While some of their absolute blithering idiocy is caused by the need to keep talking for hours and hours a day about the same thing, it still amazes me that this crew—with one or to exceptions—is the best and brightest that CNBC can find. Can the pay really be that bad?