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.
The Basis Point is a mortgage and housing blog for consumers, investors, and industry pros. Topics range from rate markets, regulation, and technology to workplace, family, and pop culture. More...
- Jobless Claims at 14-year Low.
- Fundamentals Mixed. Volatility Enormous.
- 10-year Treasury Hits Forecast
- Import/Export Prices down year/year
- Jobless Claims Remain low.
- Mortgage Application up Slightly.
- Fundamentals Positive but…
- Inside the BLS Employment Situation Report
- Still Issues but Better BLS.
- Prelude to BLS.