WHEN WILL THE DEPRESSION END...?
PROBABLY WHEN TOUT TV...STOPS COVERING THE MARKET GAVEL TO GAVEL...
THE MARKETS ARE BECOMING VERY BORING NOW... AND A LOT OF PEOPLE...EVEN THE RICH...ARE OUT OF THE MARKETS ON A DAY TO DAY BASIS...
HENCE THE TOTAL LACK OF YIELD ON US BONDS LATELY...
MY HUNCH IS THAT RATINGS AT CNBC AND FOX BUSINESS NEWS WILL PLUNGE IN 2009...AS PEOPLE MOVE ON TO OTHER TYPES OF NEWS COVERAGE....
THE DAY TO DAY YADA YADA ON "THE AVERAGES" WILL BECOME LESS IMPORTANT TO MANY PEOPLE NOW THAT THE 'BUBBLE DAZE' IS OVER FOR GOOD...
ONLY THE BIG PHARMA PILL PUSHERS AND MEDICAID-MEDICARE FRAUDSTERS CAN AFFORD TO ADVERTISE NOW...SINCE THEY ARE THE ONLY ONES BILLING WASHINGTON DIRECTLY VIA MEDICARE AND MEDICAID.
SO WHEN CNBC IS WALL TO WALL PAID ADS ABOUT MEDICARE CRAP AND PILL PUSHERS AND OTHER MEDICAL FRAUDSTERS AND QUACKS...THEN YOU'LL KNOW THAT WE ARE NEAR A "BOTTOM."
AND NOT BEFORE...
CNBC IS JUST DULL... BUT THAT IS ACTUALLY A GOOD THING...
