Media Appearance: Kudlow & Company (8/7/07)

Tuesday, August 07, 2007 | 04:33 PM
in Media



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:  927/465 

That 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 | Comments (26) | TrackBack (0) add to | digg digg this! | technorati add to technorati | email email this post



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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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