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CNBC Viewership Plunges To Eight Year Lows
Update: we decided it may be an opportune time to remind readers of this particular fact, not opinion, not propaganda, not insinuation.
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By now it is well known that the ubiquity of central planning (not to mention the persistent threat of HFT flash crashes as exhibited by yesterday's twitter-driven #Hash crash) in capital "markets", has made trading stocks in a rigged casino a sucker's game - one that retail investors have decided to shun, and nearly 5 years after Lehman have still to come back in any size to the stock market.
One of the main, unintended consequences of this development to prop up markets at all costs, even if it means removing all logic and reliance on fundamental data, has been the complete evaporation of interest in any finance-related media, forcing the bulk of financial outlets to rely on such cheap gimmicks as slideshows, pictures of kittens, trolling and generally hiring liberal arts majors straight out of school to copy and paste articles while paying them minimum wage, and providing absolutely no insight (and then wondering why the Series ZZ preferred investors will never get their money back, let alone the A round).
However, nowhere is this more obvious than in the relentless imploding viewership of once financial media titan, CNBC, which lately has become a sad, one-sided caricature of its once informative self, whose only agenda is to get the most marginal Joe Sixpack to dump his hard-earned cash into 100x P/E stocks, and where according to data from Nielsen Media Research, the total and demographic (25-54) viewership during the prime time segment (9:30am - 5:00 pm) just tumbled to 216K and 40K - the lowest recorded viewership since mid 2005 and sliding.
So why the relentless collapse in CNBC viewers, which in turns leads to plunging ad revenues (aside from our observations from last summer on just this topic) and which has forced the station to even resort to muppets as a cheap ratings-boosting gimmick? Perhaps it has something to do with outbursts like this, where 13 minutes into the clip, one Jim Cramer tells the camera point blank when discussing daily market gyrations, and with absolutely no remorse, that "i want everyone to play that game at home by recognizing that fraud is part of the equation and the government cannot stop it."
That's right: on one hand CNBC's most overcaffeinated anchor admits that the market is nothing but uncontrollable fraud, and on the other he beckons viewers and listeners, usually with the assistance of assorted bovine sounds, to "buy, buy, buy."
Perhaps the greater fool is truly dead, or simply the embedded hypocrisy of the CNBC stock "infomercial" is so transparent that nobody really cares what the Comcast subsidiary's paid entertainers have to say any more.
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cramer says to take advantage of the crash and buy. the problem is the trades are reversed for the little players....you cant play in this type of environment.
Becky no longer 'Quickens' the pulse now that she's been seen hanging off the arm of the Mad Bather of Omaha; Michelle Caruso-Cabrera's face looks more and more like a man's everyday; and Steven LIESman's Lies aren't funny anymore.
They should kick Liesman off the show. He's obvious about his lies and mis-information.
Have a seperate show for Rick Santelli. He's the only one worth watching. A trader of traders.
I am really going to miss Cramers outbursts and tantrums. That was my favorite part of the show. They should have had him standing there in Depends with out anything else and a lolly pop in his mouth.
I'll bet the CNBS anchors on the floor of the exchange are the daily punching bags for the traders. That's got to be one of the more idiotic ideas CNBS has had. ( There's been plenty of them) They should have just put a circus wagon with a dunking tank next to it, on the exchange floor.
The really sad part is that Alex Jones viewship has increased inversely to CNBCs decline and then some.
I like Alex Jones but can't listen to him for more than 5 minutes every couple of days. He has been key to people coming around to what is going on--banksters takeover of the FEDs and their physical and financial assaults against the United States of America.
Yes, Alex Jones is good for waking up the sheeple to the horror of the system, but he's on other end of the extreme. He says any fear-mongering bullshit in parallel with truth to sell his subscriptions.
His shows and a special documentary called "Thrive" was my gateway to seeing the big picture in full. After few months, I moved on.
Well, they haven't tried topless anchors yet - "Tips and Tits"
Watching CNBC is like masturbating with a cheese grater - slightly amusing, but mostly painful...
CNBC's ratings are down? What happened? Did they hire Krugman to replace Cramer?
Doesn't help that all the political news that pumps through there comes straight from the anti-capitalist proObama MSNBC. The dissonance is is disturbing
Who does Barto's hair? Yikes!
Good. People turning off propaganda is a positive sign.
And now, for something completly different.
A Man with three buttocks.
Maybe they're doing it wrong?
http://money.cnn.com/2013/04/23/news/economy/slow-global-economy/index.html?iid=HP_LN
Comedy Channel
I am what is referred to as Zero TV. Last three years. Coke and Pepsi free last 24 years. McDonald and similar holes, last 25 years. Don't miss any of it.
Apparently, credit agencies put you on a monitor list if you cancel cable. No American male can go on without the NFL or NBA.
I believe that.
Canceling cable is probably a pretty good indication that one is becoming financially stressed.
But guess what? Who needs their f**king credit either!?
I disconected cable in 2007, but kept service just in case until 2012- cancelled - stop paying the bill. still get 3 credit card offers per week and scads of blank checks from visa and b of a.
I shred it all and use it for starting bonfires. Their cost of acquisition for new accounts must be very high. Still get offers from ATT to subscribe at lo low rates - shredded.
I think disconnecting increases your credit score. I know it increases your IQ.
It's been 3 years since I last had a TV in my house. I don't miss anything at all.
Gave it up in '89
Though I feel like a backslider with the time I spend here.
It's simple. Nobody is watching because nobody has any money to "invest" anymore.
They took CNBC advice a la Cramer and now its all gone.
Retired folks are now renting rooms in other peoples homes while they search for new sources of income to compliment their food stamps and emergency assistance.
Thanks Wall Street.
You are going to hang.
are we closing well off the lows???
They shoud include shots from "Splash"
Some of the contestants are pleasing to the eye.
The merger of politics and corporate media/finace is what CNBC has come to represent. There is no other way to put it. The fact that regulators including the FCC are not investigating and taking depositions should tell you what you need to know. This is an in your face middle finger directed at us, not only the Kramers of the world but also those that control them.
Did you mean Jim Cramer (CNBC) or Cosmo Kramer (Seinfeld)
Yo nwo - "The merger of politics and corporate media/finace is what CNBC has come to represent." You neglected to mention the social engineering (illegal immigration debate) . If one was from Mars and watched all the commercials one would be led to believe:
I am trying to figure out what the end game is of the advertising executives, and why they are pursuing this advertising policy. It would not appear that economics is the primary reason.
I will admit I watch CNBC, but the sound is off about 95% of the time. For me, CNBC is like the old TickerTape system. Click it on (sound off), at 4:45am (getting ready for a jog), to see what the markets are doing around the world, and shut it off. I do that a lot with a little TV in the kitchen all day long when the markets are active. In and out, doing stuff, glancing at the markets, no sound. Their advertisers would not like me, at all. That would be a day were I was home, with the markets active. Other than that, CNBC would not be a destination station that I would watch, for any reason.
JimS, you have company. I and all my friends watch with the sound off. Who wants to hear a Russian talk as though what we have today is a free market. The Free market is dead.
Then there is the political agenda that about 5% of the Country agree with, you know-no guns, no gold, and no sugar drinks. What a bunch of idiots! They need to emphasis that we the people want Government to prosecute crime, put people in jail, and try to rebuild the destroyed trust in the Government and the system.
We used to say this is a Country of Laws. Now we know it is a joke and everything of TV is only to preserve the status quo and not allow change or enforcement of the law.
Everyone is getting out of paper. And out of paper television. Thanks to the internet and websites like ZH, they cannot hide their lies anymore.
Now wait a minute...I like my paper television. I can draw anything I want on the screen.
Beats the hell out of CNBS.
OK, I give up: what is CNBC?
24/7 info commercial for money managers, brokerages, TBTF banks and Fed propaganda.
What amazes me is - I wrote the above statement without humor, sarcasm or exaggeration.
as soon as i heard jim cramers voice i used to turn the tv off. now i dont need to hear any of their dribble. a bunch of self serving baffoons. no thx
The newer "Male Talent" in particular is so poorly informed, conventionally minded(stupid), un-entertaining and just plain old awful as to boggle the mind. Only put up by poorly informed, conventionally minded(stupid), un-entertaining and just plain old awful producers and managers no doubt.
And now they are promoting the Blodget douchebag* to wow us even more. CNBC is clearly DESPERATE. Maybe they will try to bring back Roger Ailes.
* Alleged fraudulent background and SEC ban is no apparently no bar to his opining for our "benefit".
Firing JACKASS KERNEN would be a good start
cnbc ratings are down because of the quality (or lack there-of ) of their journalism, disprect of their guests, and lack of objectivity.
From the President: " You can't fool all the people all the time."
CNBC RATINGS REFLECT THE QUALITY OF PROGRAMMING , LACK OF OBJECTIVITY, AND LOW JOURNALISTIC STANDARDS. IT'S NOT A REFLECTION OF INTEREST IN THE STOCK MARKET.
I like Bloomberg West, with the great Emily Chang. The early edition starts in a couple of minutes.
Maybe do the next Warren Buffet interview with Becky in the buff.
erin burnett was smart to jump ship months ago
she's a CUNT
She is. When asked about dating she said, "If a man wants to impress me, then he should send my parents on an expense paid week long vacation to Australia." Sheeesh! Fat chance.
Burnett is at home at CNN, you know all that hard hitting investigative journalism!!! scooping the latest beyonce and JZ news is hard work.
Big surprise. Who the fuck wants to wear rubber boots and carry a shovel while watching market updates.
Watching CNBC is like listening to KRUGMAAAAAAAAANNNNNNN!!!!!!!
Crapvision is entertainment and not serious financial news - perhaps they're starting to fail on the "entertainment" front as well.
People are realizing it's better to go dig for their own information rather than take the drivel and ads on CNBC.
I use to have my TV alarm set for 4:30am (that's when I get up) to Bloomberg, mostly so I could check out what the gold price had done first thing in the European markets.
Now I have my TV set for the local Philly news. The latest weather forecast is more useful than anything the financial comedy networks could possibly say about gold.
To check out the current gold price I don't even pay any attention to the "info" presented on the market news outlets. Instead I just go to my precious metal's broker's website and check the latest bid. Right now the current bid for a 1oz Eagle is about $1,455. THAT'S the current price of gold.
Bloomberg finally went to HD, if that isn't the ultimate sign of the end I dont know what is heheh.
And fraud results in crashes, which we failed to learn in 2008. Those who fail to learn from history are doomed to repeat it.
CNBC. If you are listening, here are five ways to improve viewership:
1) Stop with the "Random Experts" who argue both sides of an issue, only to be rudely interrupted by a show host who steps in to "save the day" as the referee who safely leads all viewers into the safe comfort of a commercial break.
2) Stop saying "we'll finish this at another time" when you have ZERO intention to do so.
3) Stop chuckling and giggling and pretending that these unsolvable disagreements were some type of accident. We can tell the heated arguments are staged.
4) Stop interrupting impressive content that arises spontaneously just to interrupt it with some "Breaking News" of an idiot standing in front of a court house who proceeds to tell us they're an idiot standing in front of a court house.
5) Stop crowding each show with so much content that you know, by having too much content? Viewers will get lost and distracted and tend not to pay attention right into the commercial break.
If a TV anchor calls out from a forest of information, and no one is there listening, does she make a sound?
Maybe if they got rid of that LYING you-know-what by the name of JIM CRAMER, and replaced him with another Court Jester -- who actually dared to tell the King that he is naked!?
How about they just replace the whole network with a show called "Becky and Buffet". Or they could just replace the whole staff with muppets.
http://www.youtube.com/watch?v=yVTa2gkKP68
Becky and Buffet = financial porn. He shows her his bottom line and she has multiple orgasms and giggles like a moron. rinse repeat break for commercial.
cramer screams for 2 minutes, collapses, is revived by santelli with a syringe marked simply FDIC, winks at camera
back to more becky and buffett hijinks.
The hamsters spin on their treadwheels, locked in their cages eyes glued to the wall size tv, they don't notice the house is on fire.
I suspect their low viewership may be related to the fact that those still in the market think everything is AOK again which is a good clue to NOT be in the market.
Looks like GE sold at the right time -
PS - only posting this to let CNBS know that another past viewer thinks the programming sucks. A little lot more 'truthiness' would make a major improvment, but hey, you gotta pander to your advertisers sponsors whores. A signal event was replacing Mark Haines w/ Cramer. puke
Not sure if the strike-throughs will show in the final post; little, advertisers, sponsors.
I got a hint for you, Joy Boy:
Watching robots work is fucking boring, especially if you erase all their mistakes.
I love the idea of ZeroHedge TV. I refuse to watch CNBC and I absolutely cannot watch anything with that fucktard Bloomberg's name attached to it. http://thecivillibertarian.blogspot.com/2013/04/fuck-michael-bloomberg.h...
So I am here with the other neanderthals.
I noticed when I used to watch CNBS, they'd have 6-8 people on a freakin panel, almost ALL of them were CNBS "journalists" interviewing each other and giving market commentary. LMAO.
They also worship billionaire hedge fund managers and they actually think they are part of the club. When anyone knows they are just useful idiots on CNBS.
Maybe their ratings would be better if they didn't have talking heads like Erin Burnett who was incredulous that the Boston Bombers might actually be Muslim with foreign origins.
As for Cramer, we all know he defines irrational exuberance.
Anyone not on government assistence knows that the actions of the unholy trinity means the inevitable huge destruction of wealth especially for the middle and middle upper class.
Erin Burnett = council on foreign relations. she was recruited into the illuminati in college. She speaks for her masters, she is bought and paid for.
Bring on ZHTV!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
cnbs is an obnoxious collection of has beens and nitwits.
whats with that very 'suspect' wealth editor?
what's with the constant sound effects and annoying flashing, whirling graphics.
the network is run by poofters.
They should do one of those late night series on fraud: its about a corrupt cable show that employes scoundrels that bilk the naive and elderly out of their life savings in exchange for a few crumbs. It would depict Joe Kernan, et al.
Name of show? 'House of Cons"
"Corporate Whores"
"masters of deception"
"illusions of wealth"
"electronic pickpockets"
or simply:
"Thieves and Liars"
If you want to play a game with CNBC and Bloomberg it's called; ''Rate the best liar''.
Smile, nod, let them tell you their bullshit, rate their performance.
Let them and their masters think they have suckered you hook line and sinker with their best bullshit right up until the end.
http://youtu.be/3C_BubeBU8E
I vote for girls jumping on trampolines.
I get the impression the Reggie Middletons of the world are paying CNBC to allow them to come on air and talk about how successful they are in an attempt to build their personal business.
An inverse correlation here to the number of people buying pm's....
IMHO this last gold manipulation has convinced the 3 remaining skeptics that our government and the TBTF's are all colluding.
I wonder if the anchors and guests believe their own bullshit. Sometimes I wonder. My bet is Melissa Lee is secretly stacking. Maria said the only gold she owns is the jewelry she wears and I believe her.
The LSM (Lame Stream Media) is dead!
http://www.youtube.com/watch?v=Ct9OMfx3YjQ
I have not owned a TV in years. I only Watch TV in hotels when I'm lecturing or visiting my elderly mother in a rest home. she has cable with all channels. Anyone who can think Does not watch TV anymore.
tv = satan's dreambox. Bill Hicks
Duh ... maybe they should try the truth for a change.
I recall something back in the day about if Maria Bartiroma wore a pearl necklace, stocks were gonna go up that day. Since then the bad news float em up, just as it should be.
ZHTV would be cool. Could be a Charlies Angels thing, where no one sees the Charlie.
Stock TV is so 30 seconds ago.
Just embed all the humans with technology so they can try to live forever.
Eat shit NWO.
I got my ZeroHedge handle from one of the stupid commercials CNBC used to play over and over back in 2009. I especially like the part where the hot chick says you don't have to worry about CEO scandals. Yeah, right.
Oh yeah, Lind-Waldock that was bought out by MF Global and ran non-stop commercials right before vaporizing everyone's money.
"Comcast 'n Corzine" baby!
Remember these MF Global beauties?
"MF Global India: Because Your Money Deserves Respect" (LOL)
http://www.youtube.com/watch?v=99iHcPLWPNk
"At MF Global, we roll up our sleeves to help you train hard, smart, and fast" (LOL)
http://www.youtube.com/watch?v=uFtckAtbXts
I'm too busy reading ZeroHedge to watch CNBC.
Dude, you just admitted you read more than you watch television......you are now on the FBI's Watch List as a potential terrorist.
joe keernan just said tyle was a weirdo who couldn't re-enter the market and poster were all doomsday freaks..game on! or is it already game over heh
When it comes to TV and college lectures, I find myself asking the same question, "Why am I paying to sit here and listen to you talk?"
RE:
I can't wait for the day hyper inflation happens and she has to sell it!
You know why most young folks, or middle age folks, aren't watching CNBC? Becuase unlike the assholes who cover and work in the market.....we are actually WORKING.
BTW, if Kernan and Cramer were black kids from the ghetto, they would be excellent crack dealers.
I can't believe I didn't make some snarky comment on this thread when it was first posted.
I can't believe I missed this story! I am a ratings hound myself.......and I love seeing Faux News, CNBC, and CNN go right down the shitter!
ZH is my main source for spot on information. Thank's Taylor!
Mega-dittos!
I haven't watched CNBC -- the Obamanomics Channel -- since 2009. Rick Santelli is the only voice I miss. Good riddance to the rest of them!
Santelli is an (entertaining) schill as well:
http://exiledonline.com/%E2%80%9Cslick-rick%E2%80%9D-santelli-is-a-bailo...
But at least his tilt, which makes me feel better about MY life, is worth 5 minutes of my time.
BTW, CNBC doesn't peddle Obamanomics......they peddle NeoLiberalism......which sees neither left or right. Just conquest and profit, at any cost.
Markets that go up every day are boring. Marginal viewers will tune in only for a train wreck.
I do not believe anything Cramer says - ZH told me not to - so you can imagine my dillemna believing him that there is fraud in the markets. Could be reverse psych.
/jk
Television is incredibly odd to me.
When you can see immediately whether or not people are lying, the entire shadow show takes on a ghoulish and surreal air. People often mistake it for lizards or psychosis; it's just the effect of not realizing you're watching actors and being told it's real. Take the test. If you get 18+, you're on the right track. If you get lower than 10, for your own safety, don't watch TV.
Oh, and this isn't a conspiracy theory, it's a well known fact:
In a bizarre television and spatial anomaly on CNN this morning, the blanket coverage of two true-crime stories led two news anchors to conduct an odd "satellite" interview from the very same parking lot, background traffic and all.-[source May 7th 2013]
Admittedly, they've gotten a lot better at it than the Gulf war days were the faking was amateurish (remember homeboy, he's the talent there). With green screen technology (e.g. Stargate Studios) the sky's the limit.
People weren't lying to you in the 1970's, although they didn't win.
p.s.
If you need a quick and dirty test to see if you're really bonkers, they exist. No need for lizards, just take the test to reassure yourself. Then permanently switch off your TV, and do take note the internet is full of the same traps.
Dubbed the “Policy Violation Checker” in the patent filed May 2, the system would identify “problematic phrases” in documents like emails or other online documents run on Google’s Drive like presentations. But it’s not limited here. Google envisions the program being run through mobile devices, televisions, set-top boxes or other processors. [source]
They try to turn economics into a 5 minute soundbite...and I am sorry..it does not work....If they dug deeper into some of the numbers like we do here at ZH...they would have a bigger audience..but then again they are reading the news as they get it...Liesman is a jornalism major...Kernan is an organic chemist....to me all they talk about is APPLE..20% of every day is APPLE...I still do not know why APPLE is such a big thing....to them its a religion..