Media Appearance: Kudlow & Company (8/7/07)
Tonite, 5pm on CNBC: We got most of the old band together: Marketwatch's Herb Greenberg, and international investor John Rutledge. Also up: former Fed gov Wayne Angell, and Robert McTeer on the Fed.
The discussion will cover the market's volatility, yesterday's rebound, and the economy Other things worth noting:
-Yesterday's oversold bounce had terrible internals --
Nasdaq: 1147 Advancers to 1598 decliners
NYSE 1810 / 1564 Advancers to decliners
Total up/down volume: 927/465That says short covering rally to me -- and today's lack of follow through confirms that.
-More than two-thirds of Americans believe U.S. economy is in recession now or will be by next year (Wall Street Journal/NBC News)
-Financials continue to fighting off the unknown liability of their CDOs exposure;
To say the least, it should be interesting.
Tuesday, August 07, 2007 | 04:33 PM | Permalink
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You know?... You'd think I'd get some love after nailin' the statement.
With a tiny modification from the minutes from the May meeting, I tatooed the statement.
But, does anybody give a flyin' f?....nooooooooooooo!
Be ashamed!
Posted by: Eclectic | Aug 7, 2007 4:39:06 PM
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