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October 7, 2005

Inversion or hype?, Fri., Oct. 7, 2005, 8:46 AM

Kudlow this morning said he was afraid that the Fed would cause an inverted yield curve and snuff out the growth of the U.S. economy. I say, let's call a spade a spade Larry. It's not the U.S. economy you are trying to save, but your friends in the banking sector.

If Wall Street could elect a President, it would be Kudlow.

Thank goodness the little people in this world have votes that sometimes count!

Another point I'd like to make to traders who actually listen to CNBC, rather than just keep it on mute/audio caption mode while you watch Bloomberg or ROBTV on a second monitor: there is no greater period of TH spin from the Masters of Spin (CNBC) than in the hour or two immediately prior to key economic reports.

And the primary spinmeister is Larry Kudlow himself.

I am green with envy; I wish I were half the effective communicator that guy is. I also wish Larry was balanced in his views. Mom and Pop could use the help.

The constant spin is not helping.

Posted by Posted by Bill Cara on October 7, 2005 08:50:42 AM | Category: Cara Investment Reports