I have been watching cnbcBS for 12 years and have wished for this to happen since day 1. The incredibly ridiculous liberal bias towards business news stories is mind boggling. EVERY day i wake up with a pervading sense of disgust and annoyance when I have to listen to this crap. Rick Santelli is the only reason I ever have it on, he keeps me up to date with whats happening in the bond markets.
This is how itrrelevent CNBC reporting is. one day, crude with be down 50 cents and CNBC reporters will report, “Market rallies as fallling crude prices to boost consumer spending”
the next day crude will be down $1.50 and CNBC will report, “Market declines as crude oil prices lead energy shares lower.”
This just make up reasons for the market doing whatever it does.
CNBC = Continuously Negative Business Channel