You're now on the archive server. Commenting has been disabled.
And I thought the Sanford letters were going to be the funniest thing posted here this afternoon. Oops...
hat tip David
Contact Information:
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Suggested Reading:
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure. Here's our Cookie Policy.
'biggest increase in like five years' what more could you ask for
God I can't stand this fool
he is a blithering idiot.
The moving average data is directly in conflict with Dr. Hussman pointed out today; the charts are very limited in terms of trending covering 4 months. This is actually embarrassing for the viewer but the question is is it more embarrassing for the bozos who did it.
Is this from Saturday Night Live?
The moving average data is directly in conflict with the data Dr. Hussman summarized today; the charts are very limited in terms of trending covering 4 months. This is actually embarrassing for the viewer but the question is is it more embarrassing for the bozos who did it.
this idiot has his own show now? cnbc never ceases with the downside surprises.
Kudlow must be so proud of his lil' protege.
Could someone tell me what % of GDP is attributed to commercial construction (all inclusive, commercial, multi-family, industrial)?
I just had lunch with the head of financing for one of the largest real estate financing boutiques and one of the largest Freddie servicers. Absolutely frightening what he had to say and his outlook. Forget about CRE rollover defaults for a moment (the only positive - he seems to indicate that a lot of money mandated for equity is going to be mandated for debt because there will be rollover deals, think 7-9% in the current rate environment). I hope no one in the economy is planning on business coming from this sector after 2011, because the pipeline is dry across the country.
Big fat W people.
It seems to me the guy is basing his assumptions on cheap capital. It's one way to keep the asset prices inflated.
This guy could reasonably have come to 'a new understanding' with Freddie's reps regarding non-specific economic plans going forward.
Otherwise, I'd be very interested to hear from others just how this kind of bullish sentiment is possible. That's a serious question that deserves some legitimate thought.
I may be bearish, but I don't want to be stubborn about it.
Dennis the Menace. Actually and strictly from a technical point of view, he is probably right. The chances are Q4 will be positive because of the comparisons, which means the recession ends.
What was the name of that Iraqi minister of truth? Dennis reminds me of him. (Baghdad Bob?) Notice, thought, that Dennis doesn't say anything about objective information. He says "emotions", "feelings", etc., many times. Oy vey.
What a complete asshole...just keep pulling the blinders over mom and pop' s eyes so they will get back into the market with what little they have left.... what a fuckin' douchebag!
This guy is a total dousche.
Moron. The old joke about Bob and Kneel. Dennis is Knealing and Michael is bobbing.
These people just don't get it do they?
CNBC claims the great recession is over. It very well may be, but what about the depression?
This guy is a total jerk. I remember when the US house of representatives voted down the TARP the first time. He was on a CNBC panel bitterly complaining and wishing the stock market would collapse to show the stupid American people that they should support the TARP. I will never forget it!!! What an A#$hole.
Hmmm....Dennis Kneale ought to look at a S&P weekly 3 yr and see the big ass trendline we smacked into 20 times today yet couldnt break thru on the pissly low volume of today. We closed on that line so my hunch is tomorrow....unless we find 1 trillion in old civil war gold....we close red decent tomorrow.
-Michael
Just watch Peter Schiff rip into Kneale last week. Fast-fwd to 1:19.
http://www.thefinancialtube.com/video/4216/Peter-Schiff-on-CNBC-June-26-...
He is an idiot, why is he on TV... Gives me hope that I can get my own show someday.
(The Arbitrageur)
Watching Kneale, and worse yet having to listen, is like seeing a 350 lb woman in a thong bikini on the beach - I don't know if I should laugh, cry or throw up. Maybe I'll do all three
CNBC!!!
How is it that this moronic SHILL still has a JOB?!!!
With all of the great talent out there, SURELY you can do better than this DOLT.
He is bought and paid for by banksters everywhere--
I always feel much better about myself after listening to anything Dennis Kneale says. What a yahoo.
Is this from "They Live"?
That movie was both awesome and awesome.
largest increase in 5 yrs!!! try since 3/31/07 - capital goods was up 10.88% - His statement is a straight up LIE!!! i don't have the time to do it, but someone needs to call him out on this, and demand an on air apology for straight up lying to make a point.
I doubt he knows what the technical definition of a recession is.
Let's all watch Evil Kneale get on his CNBcycle and jump the recessionary gap...
Dennis Kneale and hid chic dumpster boy look need to go back under the rock where they came from. He couldn't fart and walk at the same time.
hmmm
why wont post show??
why wont post show??
so how can i post?
That was awesome. But, I was unable to watch past the first segment. Involuntarily threw up in my mouth after DK came back from the break. Some things you can't unlearn.
hahahaha
How has this douche become a headliner on CNBC! No one can stand him. He makes my skin crawl.. Does he even know what he is actually talking about. He's calling out a 'bull market' based on consumer sentiment!? Idiot! Is the market falling off of a cliff? Maybe not.. But things are looking quite gloomy for the next few years to say the least!
What a d!ck!
I only lasted 30 seconds, until I recognized the Evangelism, and thought he would ask me to send money... or give me a "Praise Jesus."
a couple of years ago he (dk) admitted to a one day voluntary hiatus from his blackberry just to see what it would be like and he said it actually made him cry? One fucking day and it made him cry...I love it. Farging idiot
It's absolutely mind boggling how they parade idiots out on the MSM like this.
Dennis "Rings the Bell" to mark the end of yet another bear market rally. We thank you, Dennis for your exquisite timing.
Wonder if he makes ridiculous moronic comments like this on purpose to distract attention from his retarded glasses??
In all seriousness, I'd wonder I'd love to see this guy's portfolio activity. Did he really backed up the truck after he finished filming this nauseating segment
Dennis K is a little tiny dickweed...
I had the good fortune of being CNBS free for more than 5 years now....until today. After reading here on ZH that this tool Dennis Kneale called the recession in the US officially over, I had to check out his new show.
I couldn't believe my damn eyes and ears.
Dennis K punked ZH by name right out the gate, saying that ZH was planning on being on the show but cancelled because "he had a bad day."
OUCH.
9 out of 10 dentists recommend it!!
"Fading level of fear"
Yeah, Dennis finally found out what the VIX is, when he had to ask on air.
Dennis. Your an anchor. Your a cheerleader. That's all. Quit being the next Tom Cruise, and stop believing your own air time.
"There's this thing called 50 day moving average"
ROFLOLPMP
He sounds like like a rookie newb trader who thinks he's discovered the keys of the trading universe.
"With feeling ..." Good lord dude. The cheerleading is hilarious. He sounds more rediculous than Steve Liesman.
"Remember, you heard it here first"
Oh ... oh ... I'll remember Dennis. I've downloaded this video, and saved it under my little folder that says "INSANE"
I think this guy is on the wrong medication.
I guess that captcha is broken