Media Appearance: Kudlow & Company (5/17/06)
Given the market gyrations, today may have to substitute for the regular gig : Today's Kudlow & Company, is on CNBC today at 5pm. I'm scheduled to be on from 5:00 to 6:00 pm. Scheduled to be on is a brave (and delusional) strategist who will argue there is no inflation.
We will obviously discuss the big market whackage today -- Cramer is out calling a bottom as I type this.
Once again, should DEFINITELY be fun.
>
UPDATE: May 18, 2006 6:52am
Of course, I was the lightning rod. Kudlow was all over my ass. Did you expect any less? Would any of the perma-bulls remotely ever say, "Gee, you've been saying risk is increasing and we are due for a dislocation now -- is this it?"
And what's with Ben Stein's 20 year Buy & Hold advice? How does that help investors to say wait 20 years for your returns? Let me remind you that if my 1966-82 parallel holds up, we could see negative real returns for the next 7 years (assuming we are in 1972/73 right about now).
Incidentally, add Mike Darda to the very short list of economic non-goats who are correct on inflation. I think he's too bullish market wise for 2006, but at least his inflation forecasts are reality based.
Wednesday, May 17, 2006 | 03:34 PM | Permalink
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i can't wait.... HAVE FUN!!
Posted by: emd | May 17, 2006 3:38:49 PM
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