Posted on July 8th, 2008 in Daily Stock Market / Economic News - The Real Story, Mr Mortgage's Personal Opinions/Research
MUST SEE TV!
Now that perma-bull, glass 99.9% full, king pumper extraordinaire Larry Kudlow has finally realized he has sent countless millions to their financial ruin who actually listened to him and his regular cast of zombies over the past year pump everything but the microphone attached to their lapels, his show is getting interesting.
Kudlow is now hedging his career by putting on more and more economic realists like Joe Battipaglia of Stifel Nicolaus. Then, when everything turns out to be the exact opposite of what he and his goon squad have preached he can pull a ‘Cramer’ and say ‘see, I told you this all along’.
The link below is the first 15 minutes of Larry show on Monday, July 7th when Joe lets everyone have it. It’s too bad Dennis Kneale wasn’t there or Joe could have probably had he and Donald Luskin holding hands and making out by the end of the show. He was so right on the money, he brought tears to my eyes. Hat-tip to Joe. There is a picture of you on my desk now right next to Rick Santelli. -Best, Mr Mortgage
Source: Discussing markets, politics and the economy, with Donald Luskin, of Trend Macro; Stefan Abrams, of Bryden-Abrams Investment Management; Joe Battipaglia, of Stifel Nicolaus; and CNBC’s Larry Kudlow.