This week, The Daily Show continued it’s parade of second-rate talent since A-list talent (rightfully) won’t cross a picket line to appear on the show. CNN’s personal finance editor Gerri Willis was on to: “decipher the gibberish that can be heard on other financial programs.” But she was the one spitting gibberish. After reviewing a CNBC Fast Money clip where the trader/correspondent said: “The Dow opened down 500 points, this was a great opportunity to cover those shorts and take a shot on the long side,” she said that was gibberish and Jon Stewart didn’t challenge her . To borrow a Bill Clinton-to-the-media comment from the week: Shame on you Jon Stewart.
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- People Making more but not Spending more.
- GDP Growth Anemic at +0.5%.
- Housing Slowing?
- Durable Goods Orders Recover some of Previous Loss.
- New Home Sales Remain Weak.
- John Oliver On Credit Reports
- Manufacturing Flattens.
- FHFA Home Price Index +5.6% year/year.
- Existing Home Sales Recover Some of February Loss.
- More Weak Fundamentals.