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With Total Viewers Sliding To 7 Year Lows, Is CNBC Fading Into Obscurity?

Tyler Durden's picture





 

In the past 24 hours, some readers have been surprised to learn that as Jeff Reeves of InvestorPlace states, total Q2 CNBC viewership as calculated by Nielsen, has tumbled to to the lowest it has been since Q3 2005. This merely confirms that the trendline in our periodic observations of CNBC traffic was more than merely seasonal or VIX-related: it has been one long secular decline, peaking in the quarter of Lehman's demise and down hill ever since.

Reeves focuses on some specifics:

  • Squawk Box (6-9 a.m.) is supposed to prime traders before the bell. The show posted its lowest rated its time block since Q4 2006.
  • The Closing Bell (3-5 p.m.) is supposed to wrap up the day’s action. The slot posted its fifth-lowest rating in total viewers and second-lowest ratings in the key 25-54 demographic since 1997.
  • Fast Money (5-6 p.m.) is focused almost specifically on swing trading stocks. That time slot showed the lowest rating for the 25-54 demo since 1997 — and lowest in total viewers since Fast Money launched in 2006.

Yet none of the above compares to the Nielsen-sourced data Zero Hedge compiled showing CNBC viewerships since the beginning of 2004.

The chart speaks thousands of words about the shrinking viewer engagement with either CNBC the financial news station, or CNBC the financial news station.

What the clearly chart shows is that despite occasional risk flaring episodes, and a general preponderance of either 'good news' or 'bad news' regimes, the prevailing trendline is one of anti-Gartman proportions: from top left to bottom right.

Reeves attempts to give some explanations of his own explaining this troubling for Comcast trend:

It must be noted that it’s not their fault the market is miserable, and bad ratings don’t necessarily reflect bad shows. After all, we don’t blame builders like Pulte or Lennar for causing the housing crisis with poorly made homes.

It’s also worth noting that many cable networks are experiencing a viewership drain as many younger folks take their eyeballs to the Internet — and CNBC is hardly ignoring the move to online content. Its website gets some 8 million unique visitors every month, and a shrewd partnership with Yahoo! is teaming up the megasite Yahoo Finance with CNBC to tap into an even more massive chunk of the financial media audience.

But for whatever reason, investors are tuning out CNBC on their TV sets. That’s further proof that the market is jaded, that volume will remain low in the summer and that most investors are scared or nervous about what to do next.

Zero Hedge being Zero Hedge will add one more: perhaps CNBC's viewers have gotten tired of getting just one side of the newsflow: the always rosy, and over the past 5 years, always wrong one.

Which also explains the growth of alternative financial media venues: those unconstrained in the type of data they can report on and analyze. More importantly: those unconstrained by what producers scream in their earpiece. In retrospect, they have much to be grateful to CNBC for- if for whatever reason the financial channel was not hemorrhaging eyeballs, there would be no new captive audience to, well, capture.

Finally, whatever the reason for the endless bleed in CNBC viewership one thing we can be sure of: the advertisers - that lifeblood of every media outlet - are certainly not happy.

 


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Wed, 06/27/2012 - 18:20 | Link to Comment Sircornflakes
Sircornflakes's picture

With Total Viewers Sliding To 7 Year Lows, Is CNBC Fading Into Obscurity?

 

 

----------------------------

 

God, I hope so.

Wed, 06/27/2012 - 18:26 | Link to Comment monkeyboy
monkeyboy's picture

Muwhahahahaha! Good!

Wed, 06/27/2012 - 18:32 | Link to Comment Pladizow
Pladizow's picture

Cheerleaders Neer Being Cancled?

Wed, 06/27/2012 - 18:46 | Link to Comment Cdad
Cdad's picture

Jim Cramer is completely unwatchable.  Good thing they have in on 3-4 times a day...and put him in the late Mark Haines seat.  Yikes.  Someone seriously needs to ask the board at COMCAST...what's the plan here?  And someone from the board should seriously recommend that Cramer get himself on Abilify immediately.  

And the screaming thing on that network...good grief.  It is as if they are trying to make up for a complete lack of content and understanding of the current shit stew markets by YELLING ALL THE TIME [Sullivan, Wapner, Cramer].  What the hell is going on at that place, seriously?

And please...for God's sake...someone just tell Joe Teranova to stop getting backwards every day on every trade.  I literally wince every time that guy makes a call.

You got your Closing Bell segment tanking real hard ever since Maria "sexiest hair alive" Bartiromo simply lost all curiousity about things...faithfully putting on the bull/bull debate for every final hour of the market session, along with Bill "I should have stayed retired" Griffith.  Painful.

Not only is everything on the network completely useless to a trader, the whole broadcasting day is just getting more and more unwatchable.  So...COMCAST...you overpaid to become majority shareholder of this mess...what the F are you going to do?  Might I suggest....SOMETHING?

Thank God for ZH! 

Wed, 06/27/2012 - 18:50 | Link to Comment Pladizow
Pladizow's picture

From your astute description you sound like an avid watcher? - They need more like you!

Wed, 06/27/2012 - 18:52 | Link to Comment Cdad
Cdad's picture

For years, yes.  More recently...I tossed my tv in the dumpster, finally.  However, I have a CNBC stream now...and sometimes watch...until, like I said, the pain of it just causes me to shut it down.  It is crazy painful to watch.

 

Wed, 06/27/2012 - 18:55 | Link to Comment Xibalba
Xibalba's picture

reflects the volume in the markets....vapor.  

Wed, 06/27/2012 - 19:09 | Link to Comment Popo
Popo's picture

I blame it entirely on Lauren Lyster's breasts -- which have converted millions over to RT.

Well... That, and the fact that she actually has the only financial show worth watching.

Wed, 06/27/2012 - 19:31 | Link to Comment Savyindallas
Savyindallas's picture

Mainstream gals are not very talented -ever since Hollywood ws taken over by the hebes, most girls had to suck a lot of old geezer cock and sleep their way to the top-same way for young studs. Alternative media allows nice, talented girls the opportunity to be successful.

Wed, 06/27/2012 - 19:35 | Link to Comment Vampyroteuthis ...
Vampyroteuthis infernalis's picture

People tired of MS media's lies about the economy. The box cries, "Buy buy buy" as the stock crashes. Such a pity.... NOT!!!

Wed, 06/27/2012 - 20:28 | Link to Comment FEDbuster
FEDbuster's picture

I just try to catch some highlights of the guys I like here or on Youtube.  Santelli, Peter Schiff, Marc Faber, Jim Rogers, Kyle Bass, etc...  If I want Kool aid, I'll go to my refrigerator.

Wed, 06/27/2012 - 21:41 | Link to Comment economics9698
economics9698's picture

Lauren Lyster's tits are really nice.

Thu, 06/28/2012 - 06:24 | Link to Comment i-dog
i-dog's picture

One does have to laugh at how the camera always starts under the table on her [grrrreat] legs ... then pans up to whatever else is happening. LOL ... even RT knows what viewers really want from a financial news program.

Thu, 06/28/2012 - 06:46 | Link to Comment GCT
GCT's picture

LOL i-dog you got that right!  At my age ass and tits are over rated!  Lauren does have some brains to go with those great looks though.  Tough to get your news from Russian Times LOLOLOL! 

Wed, 06/27/2012 - 21:42 | Link to Comment Michael
Michael's picture

A few minutes a day I put it on just for the numbers and imediately hit the mute button.

But you can't get away without seeing the commentators jumping around with their arms and hands flailing around like it's a Gorilla Trade infomercial. Too pathetic to watch.

Wed, 06/27/2012 - 22:24 | Link to Comment Skateboarder
Skateboarder's picture

At one point I thought I should become a daytrader so that I could sit on my ass and stare at screens all early morning and afternoon in PST, and be out skateboarding at 2pm by market close in NY. Further research showed me that I stood no chance against the evil genius Russian algorithms and seasoned real-person traders and sitch,

But anyway, the the moral of the story is that it was about the only time in my life I watched CNBC, when I performed a two-day trial of being a daytrader. And holy shit dude, the entire time it was so annoying... how do people stand watching that garbage?

Wed, 06/27/2012 - 22:37 | Link to Comment Stackers
Stackers's picture

Modern day snake oil salesmen.

Thu, 06/28/2012 - 03:55 | Link to Comment AldousHuxley
AldousHuxley's picture

forget day trading unless you are riding the QE directional wave.

 

Admit it you are just speculating while people like James Simons of RenTech has machines with mathematically advantaged algorythms

  • MIT
  • PhD in Math from Berkeley at age 23
  • Oswald Veblen Prize in Geometry (only once in 3 years)
  • has his own theory...Chern-Simons theory in condensed matter physics
  • hires world renowned geniuses who understand stuff like hidden markov model in the realm of machine learning (http://en.wikipedia.org/wiki/Hidden_Markov_model)
Thu, 06/28/2012 - 13:11 | Link to Comment Diogenes
Diogenes's picture

But is he as smart as the Nobel Prize winning economists who ran Long Term Capital Management?

Thu, 06/28/2012 - 01:04 | Link to Comment WonderDawg
WonderDawg's picture

CNBC is anathema to a day trader. I don't even turn that shit on. Bullshit and misdirection is all it is. I have a favorite blog I tune into during the day because there are real traders there, posting their trades or at least their analysis of the market all day long. I would quit day trading, like you did, if CNBC was my source of market information.

Thu, 06/28/2012 - 03:33 | Link to Comment Skateboarder
Skateboarder's picture

This was after nine elevs and before ZH and more widespread "alternative news," and people (including myself) hadn't yet realized WTF was going on. You might say, I was looking at it like a sheep.

Being an apt programmer and having far more economic knowledge now, I'm probably capable of competing in the day trading market now. But I have things to engineer first...

Thu, 06/28/2012 - 04:43 | Link to Comment brucef9321
brucef9321's picture

which blog?

 

Thu, 06/28/2012 - 23:32 | Link to Comment WonderDawg
WonderDawg's picture

Daneric's Elliott Waves. Lots of wavers but also many other TA's with alternate viewpoints. There are some very sharp people who comment throughout the day. Also some idiots, but they're easy to identify and ignore.

Wed, 06/27/2012 - 23:49 | Link to Comment Freddie
Freddie's picture

Santelli, Peter Schiff, Marc Faber, Jim Rogers, Kyle Bass, etc..

They were worth it but I dumped tard TV years ago.  Guy Adami was sometime funny on Fast Money along with Jeff Mackey when he was coked up or high on something.

TV is shit and the only news even cloe to reality is RT.

Thu, 06/28/2012 - 02:00 | Link to Comment Freewheelin Franklin
Freewheelin Franklin's picture

When Santelli finally leaves, it will be all over for CNBC. Comcast will have to try to buy Blommberg, or something.

Thu, 06/28/2012 - 07:30 | Link to Comment Baghdad-Bob121
Baghdad-Bob121's picture

Santelli is the ONLY reason I still watch CNBC.  In my opinion CNBC views are leaving is the LEFTIST lean...  AND obviously in bed with the DNC!  Look at MSNBC, CNN, NY Times, et al... Numbers are crap and losing $$$.

Thu, 06/28/2012 - 07:30 | Link to Comment bdc63
bdc63's picture

CNBC is fucked up on SOOOOOO many levels they are beyond fixing. 

I still have it on in the background though almost daily -- but ALWAYS while I'm also reading ZH postings.  I feel like I make better decsions by know both the "truth" that the sheeple are being fed and the 'truth' that is ZH.

Wed, 06/27/2012 - 19:36 | Link to Comment Cursive
Cursive's picture

@Popo

LL is the bomb.  And I'm liking Parmy Olson in a librarian kind of way.  CNBS has a permabull programming constraint and can't compete with new media.

Wed, 06/27/2012 - 21:40 | Link to Comment monkeyshine
monkeyshine's picture

HFT Computers do not watch TV.

Thu, 06/28/2012 - 03:38 | Link to Comment Max Fischer
Max Fischer's picture

 

 

In the interest of being fair and balanced, I think it's important for ZHers to understand that television viewers have been in decline at ALL stations, especially at News Corpse - that disgustingly partisan, vile, tabloid hack operation where bobble-headed carnival barkers disguised as reputable news anchors feign faux outrage and drum up faux McCarthyism-style garbage to gullible, narrow-minded, easily angered conservatives who are bitterly mad that a NIGGER-HITLER is living in their WHITE house. "I WANT MY COUNTRY BACK!"  

Last month, the prime time Nielson ratings had Faux News at their lowest level since 2008 with a 20% decline in the all important 18-49 age bracket. ABC was down 21%. CBS and NBC were only down 8% and 3% respectively. CNN, who pioneered the 24 hour news station, has been on a terminal decline for years.  Executives at all stations are looking for excuses, everything from the DVR to the distractions of social media to the internet in general. Whatever the reason, TV viewers are in decline across the ENTIRE SPECTRUM of channels. The decline at CNBC is no different than anywhere else.

MF 

 

Thu, 06/28/2012 - 04:49 | Link to Comment maxcody
maxcody's picture

Not trure!  FOX news has taken away from all!

Thu, 06/28/2012 - 04:48 | Link to Comment maxcody
maxcody's picture

Not trure!  FOX news has taken away from all!

Thu, 06/28/2012 - 04:58 | Link to Comment maxcody
maxcody's picture

 - you are out to lunch!  I have relatives working at CNN and it is very bad.  The Uber Left has CBS,NBC, ABC, MSNBC, CNBC, CNN and they are dying just like Greece.  I watch CNBC and have written them about the UBer left hitmen!  They all go to the same failed economic church!

 

Wed, 06/27/2012 - 23:18 | Link to Comment palmereldritch
palmereldritch's picture

I blame it entirely on Lauren Lyster's breasts -- which have converted millions over to RT.

CNBC has heard your comment and YOU SHOULD KNOW that it is thanks to you that for July sweeps week Cramer will now be going topless.

Thanks again.

Thu, 06/28/2012 - 01:01 | Link to Comment Flakmeister
Flakmeister's picture

This is what you do best.... stick to it. You'll be better off...

Thu, 06/28/2012 - 08:15 | Link to Comment palmereldritch
palmereldritch's picture

Keep denying the sun dummy.

Thu, 06/28/2012 - 09:49 | Link to Comment Flakmeister
Flakmeister's picture

The solar output and the temperature record have diverged over the past ~30 years:

http://www.skepticalscience.com/solar-activity-sunspots-global-warming-basic.htm

You would have been a dandy court jester...

 

Wed, 07/04/2012 - 15:04 | Link to Comment palmereldritch
palmereldritch's picture

The Cloud Mystery
http://www.youtube.com/watch?v=dKoUwttE0BA

"In this film, the UN climate concensus is seriously challenged..."

And you'd make a helluva of a Statist Science Pimp...oh, wait...

Wed, 06/27/2012 - 20:34 | Link to Comment PC Load Letter
PC Load Letter's picture

Here is a summary of a typical CNBC day:

Jim Cramer - telling people to buy stocks near 52 week highs and sell them at 52 weeks lows

Sharon Epperson - yelling at the top of her lungs from the oil pit all day

Maria B - "Stocks are off the lows of the day"

Economist from some bank - S&P is going to 1600 by year end

Not surprised their ratings suck. They add zero value

 

Wed, 06/27/2012 - 23:33 | Link to Comment FEDbuster
FEDbuster's picture

You forgot Steve Liesman worshiping the Bernak's every word, and Becky Quicky fluffing Warren Buffet once a month.

I would tune in to watch Rick Santelli interview Jon Corzine from the floor of the Chicago Board of Trade, a Fight Club moment to be sure.

Thu, 06/28/2012 - 02:02 | Link to Comment Rahm
Rahm's picture

PPV, i'd order that up!

Thu, 06/28/2012 - 07:09 | Link to Comment Rip van Wrinkle
Rip van Wrinkle's picture

If John Corzine appeared on thee CBOT floor, he'd be taken out in a wooden box.

Wed, 06/27/2012 - 19:28 | Link to Comment Savyindallas
Savyindallas's picture

formerly addicted to Cramer? Even the crack addict dope fiends look down on your type. Good luck in your recovery. Your odds are very good  -truth, reality and honesty will usually get you off that bad habit for good.

Wed, 06/27/2012 - 20:41 | Link to Comment youngman
youngman's picture

You missed the Apple all day talk...its Apple..Apple..Apple..all day ..all night..maryanne

Wed, 06/27/2012 - 19:48 | Link to Comment HungrySeagull
HungrySeagull's picture

I turned it off years before I discovered Zero Hedge. All that yelling and old fucks muttering vague and has no direction.

To add salt to the wound, having to pay for satellite TV and pay for this shit network.

And the giggling cleavage needs to go too.

Wed, 06/27/2012 - 21:27 | Link to Comment Debt-Is-Not-Money
Debt-Is-Not-Money's picture

"Good thing they have in on 3-4 times a day...and put him in the late Mark Haines seat."

Jim Cramer, former Goldman Sucks (and I agree, totally unwatchable)- what really happened to Mark Haines anyhow?

Wed, 06/27/2012 - 22:28 | Link to Comment Yes_Questions
Yes_Questions's picture

 

 

a Truth seeker died of a broken heart.

May he rest in peace.

Thu, 06/28/2012 - 01:47 | Link to Comment Yamaha
Yamaha's picture

Correct on all counts.

The shows are like listening to my mother-in-law scream and addes the same value to my life........

Thu, 06/28/2012 - 04:10 | Link to Comment jamezelle
jamezelle's picture

someone just tell Joe Teranova to stop getting backwards every day on every trade . 

I literally wince every time that guy makes a call.

Then you should make a put!

 

Wed, 06/27/2012 - 19:31 | Link to Comment Animal Cracker
Animal Cracker's picture

Definitely.  Just like the newspapers.

And it's not just because of technology - although that has greased the guillotine.  It's because nobody believes a fucking thing they "report" anymore.  And they can throw all the tits and ass they want at the screen - it's over.

They are replaying the demise of the porno mags.  Sure, they were good when that's all we had.  But when the technology allowed real people to challenge their bullshit, all the hard dicks left.

Just die, fuckers.  ZH is my new Bangbus.

Wed, 06/27/2012 - 18:47 | Link to Comment Jay Gould Esq.
Jay Gould Esq.'s picture

Two observations:

1) The case can be made that retail investor participation in the market began its relentless decline precisely at the '08 CNBC ratings "peak." The retail investor has now largely exited this rigged casino which CNBC saw fit to so dutifully exhault ( i.e., "cover" ).

2) CNBC can be considered the financial appendage of the NBC/MSNBC propaganda outfit which is committed to the re-election of the current White House regime. To wit: 5% unemployment during the Bush years ? "The faltering 'Bush economy;' " 8.2% unemployment under the current regime ? "The new normal."

Add to this the farce which is Berkshire's quarterly, Omaha-situ dog ( Rebecca Quick ) and pony ( Uncle Warren ) show ( presented on director's chairs, and always in a short, taut skirt with Cherry Coke refreshment ), any notion of "objective" reportage is rendered moot.

Wed, 06/27/2012 - 19:35 | Link to Comment RockyRacoon
RockyRacoon's picture

I enjoy the Kudlow Kool-aid Hour.   He is rabidly anti-Obama and has spittle-fits at every teeny slip up by any person with an elected "D" with their name.   He has 5-to-1 "debates" with the 1 being a lone liberal speaker.   I almost want to root for Obama just to see Kudlow have a coronary on air.   Either that or he's angling for a show of his own on Fox.   Maybe he could be a side-kick for Hannity.  He is an embarrassment for the network, farce that it already is.   I keep it on with no sound because the scrolly number thingys at the top and bottom of the screen make me look important in my office.

Wed, 06/27/2012 - 19:49 | Link to Comment HungrySeagull
HungrySeagull's picture

Bloomberg TV will do you more important than anything else really.

Wed, 06/27/2012 - 20:23 | Link to Comment RockyRacoon
RockyRacoon's picture

Yeah, but Bloomy ain't got Mandy.

Wed, 06/27/2012 - 20:59 | Link to Comment HungrySeagull
HungrySeagull's picture

That must mean your Secretary is attractive.

Either that or you are in need of a Office Makeover by firing and hiring.

Wed, 06/27/2012 - 20:47 | Link to Comment Quaderratic Probing
Quaderratic Probing's picture

I don't think HF trading computers watch TV nor care about tits. Self programming will screen out BUY BUY BUY calls once they see no match on price.

Wed, 06/27/2012 - 19:31 | Link to Comment kengland
kengland's picture

There is the obvious reason for this occuring, poor information, timing, and the ability to really tell the truth, but I think a large chunck of this comes from the even broader trend...that demo is not in the market anymore. The retail investor has disappeared. Volume still is none exsistant. If the retail folks aren't in, they don't need to watch CNBC. Simple but true

Thu, 06/28/2012 - 09:49 | Link to Comment StychoKiller
StychoKiller's picture

The May 5th flash crash drove out a large chunk of investors.  The remaining HFT 'bots don't care about T&A, mad tradin' gorillaz, or anything else that's visual.  In fact the HFT botz don't even have eyes.

Wed, 06/27/2012 - 18:34 | Link to Comment Silver Bug
Silver Bug's picture

CNBC doesn't even matter anymore. More and more people everyday are waking up to the fact that main stream media is full of it.

 

http://jamesturkblog.blogspot.ca/

Wed, 06/27/2012 - 18:57 | Link to Comment Cdad
Cdad's picture

Indeed...the epiphany of fascism is starting to dawn on many.  Ratings at CNBC have not fallen exclusively...television ratings more broadly are tanking as people choose the alternatives online...where a guy can simply go look up the truth without interference from Cramer or O'Rielly...and without all the SHOUTING! 

Wed, 06/27/2012 - 19:13 | Link to Comment nmewn
nmewn's picture

Lets face it...Beaker left and took all the fun out of it ;-)

Wed, 06/27/2012 - 19:58 | Link to Comment NumberNone
NumberNone's picture

I gotta fever, and the only prescription is more Animal Orchestra. 

http://www.youtube.com/watch?v=Y0Naxxww69Q 

Wed, 06/27/2012 - 21:02 | Link to Comment nmewn
nmewn's picture

ROTFL!!!

One of their finest hours.

Wed, 06/27/2012 - 23:04 | Link to Comment ZeroAvatar
ZeroAvatar's picture

"....where a guy can simply go look up the truth without interference.............".     Exactamundo!  Last night, I was watching a local newsteam reporting on the Colorado fires, and the woman began scrolling her I-pad or kindle thingy right on TeeVee.  Wow!.  Even the newcasters get their news from the internet live on the tube.  Who needs any MSM lies and propaganda?  Now, the truth is waiting at everyone's fingertips. Who needs newscasters?

Wed, 06/27/2012 - 19:30 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

That raises an interesting point. The numbers presented tell an interesting part of the story and have piqued my curiosity regarding the picture which would emerge if the data were sliced a little differently.

For instance, is CNBC the only turd circling the bowl, or are all the mainstream media caught in the vortex of the flush? Total viewership numbers of CNBC, MSNBC, FoxNews, and CNN, as well as total viewership numbers for news oriented programming from ABC, NBC, and CBS over this same time period could reveal if the mainstream media are becoming the sanitary drain media.

It would also be interesting to see the rising/falling credibility of these mainstream outlets with respect to each other. Are the mainstream media bleeding their viewership proportionally, or does the severity range from finger vs table saw to severed femural artery to burst aorta? The viewership share numbers over this period for these media would be an interesting comparison.

(Note: viewership rating and viewership share are different measurements. Share is viewership expressed as a percentage of all people watching television at a given time. Rating is viewership expressed as a percentage of all homes with a television at a given time, regardless of whether the television is being watched or is turned off.)

Thu, 06/28/2012 - 02:57 | Link to Comment The Proletariat
The Proletariat's picture

"Man, I see in fight club the strongest and smartest men who've ever lived. I see all this potential, and I see squandering. God damn it, an entire generation pumping gas, waiting tables; slaves with white collars. Advertising has us chasing cars and clothes, working jobs we hate so we can buy shit we don't need. We're the middle children of history, man. No purpose or place. We have no Great War. No Great Depression. Our Great War's a spiritual war... our Great Depression is our lives. We've all been raised on television to believe that one day we'd all be millionaires, and movie gods, and rock stars. But we won't. And we're slowly learning that fact. And we're very, very pissed off." Tyler Durden in Fight Club

 

And, Fuck CNBC, as well as ABC, CBS, FOX, NBC, etc....etc...etc....

Wed, 06/27/2012 - 19:06 | Link to Comment TN Jed
TN Jed's picture

GE loss-leader

Wed, 06/27/2012 - 20:21 | Link to Comment npcomplete
npcomplete's picture

The Pump and Dump Network, CNBS, is losing viewers??? I am shocked, SHOCKED I tell you.

 

Santelli is too good for CNBS.

 

Thu, 06/28/2012 - 03:51 | Link to Comment philipat
philipat's picture

It would be so good to have ONE Business news channel that actually does a "Zero Hedge". Right now we only have RT (Keiser and Lyster) which doesn't really count. I suppose the problem is that as soon as CNBS stop licking Wall St's butt, no more free content in the form of guests from FI's. But hasn;t it reached the point where it might be worth a try? As of now, CNBS is totally a waste of time.

Incidentally, if they were really interested in online, why don't they STREAM the fucking thing like Bloomberg. I would suggest that folks become accustomed online to the Bloomberg format and hosts (Including money honeys who are easier on the eye than CNBS) and then just follow on should they watch cable.

Wed, 06/27/2012 - 21:36 | Link to Comment vast-dom
vast-dom's picture

Fake markets gamed by The Fed and garbage and lies fro CNBC driving any sane retail investor out in utter disgust! What do you expect? And how the fuck did we rally today? And Japan rallies tonight? On what? NExt Europe rallies? This is sheer rigged madness! IQuit! 

Wed, 06/27/2012 - 23:42 | Link to Comment Freddie
Freddie's picture

All of TV, really known as Obama TV, is for retards including Fox.  It is all garabge. Ditto Hollywood.  

Thu, 06/28/2012 - 08:37 | Link to Comment d edwards
d edwards's picture

CNN's ratings are in the crapper, too. People are wising up to the liberal socialist bias and 0bama regime propaganda spewed on these networks in the guise of "news".

Thu, 06/28/2012 - 10:23 | Link to Comment TheGameIsRigged
TheGameIsRigged's picture

Gee, I wonder why??????  Oh, yeah....we turn to the news for ACTUAL NEWS - NOT POM POM WAVING - no matter how hot the girls are!!!

Mon, 07/02/2012 - 19:14 | Link to Comment ToNYC
ToNYC's picture

I watch classic DVDs like "The Fugitive Kind" when Joe Ker man gets on with Ricks Scott and Perry starts the full political education attack mode.

Any sign of empathy scraped-up like Passover prep; shades of Axis Power's police.

The man needs to spend more time with his family.

Wed, 06/27/2012 - 18:24 | Link to Comment Ignorance is bliss
Ignorance is bliss's picture

Man I love that middle age hot chick on Sqwack Box. Then again the RT chick owns me...Those damn ruskies are hot. I obviously watch the news for the fantasy value.

Wed, 06/27/2012 - 18:28 | Link to Comment Marginal Call
Marginal Call's picture

Russian chicks are hot.  But they go from 26 to 62 overnight.  Probably why the men don't last past 50. 

Wed, 06/27/2012 - 18:37 | Link to Comment CaptainObvious
CaptainObvious's picture

This is why man invented vodka.  She might be 30 and look seventy, but who can tell through the vodka haze?

Wed, 06/27/2012 - 18:50 | Link to Comment Cdad
Cdad's picture

And suddenly...Cdad is craving an ice cold, dry vodka martini...a smidge Drury...I mean dirty.

Mon, 07/02/2012 - 19:16 | Link to Comment ToNYC
ToNYC's picture

Vodka and beer make you leave the bar with Cindy Crawford and wake up next morning with Broderick Crawford.

Wed, 06/27/2012 - 19:20 | Link to Comment billsykes
billsykes's picture

He's on the money, but 28 is really a fair time to start changing your locks,  at least in eastern Europe, past 30 and they are not aging well. I dumped my eastern euro hottie at 29 who still killed it compared to North american 8's.

Oh ya, and they go crazy very quickly- especially after 28.

 

 

 

Wed, 06/27/2012 - 22:46 | Link to Comment akak
akak's picture

 

Russian chicks are hot. But they go from 26 to 62 overnight.

Hence the old Eastern European saying: "From princess to plow horse".

 

Wed, 06/27/2012 - 18:43 | Link to Comment Rainman
Rainman's picture

speakin of middle age hot chicks, little bro Petey Madoff trades $ 143 billion for 10 years in the can.

$ 143 billion ???    WTF..???

 

http://www.bloomberg.com/news/2012-06-27/peter-madoff-brother-of-bernard-will-plead-guilty-u-s-says.html

Wed, 06/27/2012 - 20:56 | Link to Comment Sabibaby
Sabibaby's picture

Lots of discussion as to a billion or a million it's a little tought to imagine $143 billion but I'm not sure where he's going to come up with that kind of money? He'll probably have to create all that money out of thin air.

Wed, 06/27/2012 - 19:22 | Link to Comment Savyindallas
Savyindallas's picture

I love the RT girls  -do they have calendars?

Thu, 06/28/2012 - 03:53 | Link to Comment philipat
philipat's picture

Ignorance must be bliss! First, sorry to disabuse you but Lauren Lyster is not Russian. Sorry, I know you will be shocked. Second, you can tell she is in fact an American by her voice. Which is like a siren. Why do American women "Speak" like they have a peg on their nose rendering what comes out of the mouth more a akin to "Whining" than speaking?

Thu, 06/28/2012 - 07:33 | Link to Comment Abraxas
Abraxas's picture

Why, most of them do speak thru their noses, kind of. I never realized that until now.

Wed, 06/27/2012 - 18:24 | Link to Comment drink or die
drink or die's picture

I don't even see it on a screen at the gym anymore.  What a shame, I usually need a good laugh when I'm on the treadmill.

Wed, 06/27/2012 - 18:51 | Link to Comment Ineverslice
Ineverslice's picture

Very significant. No more skin in the game.

Wed, 06/27/2012 - 18:23 | Link to Comment Slope of Hope
Slope of Hope's picture

The women on FBN are much hotter - just saying.

Wed, 06/27/2012 - 18:24 | Link to Comment optimator
optimator's picture

They could boost ratings with a super commedy show starring  Liesman and Cramer.  Wouldn't even need writers.

Wed, 06/27/2012 - 18:31 | Link to Comment Marginal Call
Marginal Call's picture

A reality show with Kudlow and Lindsay Lohan.

 

Kudlow and Lilo.  They mob around town looking for investment opportunities, after hours parties, and do pounds and pounds of cocaine. 

Wed, 06/27/2012 - 19:43 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

optimator suggested:

They could boost ratings with a super commedy show starring  Liesman and Cramer.  Wouldn't even need writers.

The addition of a laugh track alone would be an improvement to their current programming.

Wed, 06/27/2012 - 18:25 | Link to Comment Kaiser Sousa
Kaiser Sousa's picture

" I'm just gonna fade into bolivian...."
Mike Tyson...

Wed, 06/27/2012 - 18:25 | Link to Comment Marginal Call
Marginal Call's picture

Maybe their viewers went broke and said fuck those guys.  

 

Preservation of capital is rule #1 in the markets, and watching CNBC puts you in a position to break it. 

Wed, 06/27/2012 - 18:33 | Link to Comment monkeyboy
monkeyboy's picture

So is the preservation of brain cells.

CNBC is a destroyer of grey matter as we'll as your wealth.

Wed, 06/27/2012 - 19:17 | Link to Comment TN Jed
TN Jed's picture

The curse doesn't end there.  My plasma can now tell me the price of AAPL while watching Deadliest Catch and it only took 30 minutes to burn it in.

Wed, 06/27/2012 - 23:59 | Link to Comment Freddie
Freddie's picture

I stopped watching retard TV a while ago.  CNBC is setup like a casino with flashing lights, noise, hype, etc.  Watching CNBC is just like being in a casino where they fleeced the suckers.   I remember everywhere you went back in 1998 and 1999 - the TV was on with CNBC.  People at lunch would not talk to each other and would just stare at the TV watching the market make them rich.

Wed, 06/27/2012 - 18:26 | Link to Comment casino capitalism
casino capitalism's picture

Good riddance CNBS.  I haven't watched that garbage in years.

Wed, 06/27/2012 - 18:27 | Link to Comment lolmao500
lolmao500's picture

Hopefully Cramer has a heart attack on air.

In other news, Turkish MPs are trying to give powers to the president to attack Syria...

http://www.guncel24.com/mecliste-suriye-icin-tezkere-hazirligi/

Saudi Forces on full mobilization after Turkish Pres tel call to King Abdulla of imminent strike on Syria. All leave canceled.

Word is, the attack is gonna come within days.

And Syria is toying with Turkey yet again...

http://www.todayszaman.com/news-284837-syrian-government-allows-terroris...

Syrian government allows terrorist PKK to raise its flag in Syrian town

The PKK has hoisted the flag in the Syrian town of Ayn-al Arab, close to Mürşitpınar village in Şanlıurfa’s Suruç district. The 15-meter-high flag, raised on a hill, is visible with the naked eye from Turkey.

There is a Syrian flag flying 200 meters away from the Kurdistan flag.

One resident of Münar, N.Y., says that it is nothing less insolence towards Turkey for the flag to be flown on the highest hill in the region.

In 2000, Turkey nearly invaded Syria over something like this...

Turkey's response :

Two of our correspondents are reporting that Turkish army is currently sending huge reinforcements to Syrian border in Hatay.

Russia's moving too :

http://en.rian.ru/mlitary_news/20120625/174234915.html

Russia has no plans to abandon its naval base in Tartus, Syria, Navy chief Vice Adm. Viktor Chirkov said on Monday.

http://en.rian.ru/mlitary_news/20120625/174236904.html

Russia Reflags Syria Arms Ship

A Russian ship purportedly carrying helicopter gunships to Syria, which was forced to return to port, will now operate under a Russian flag, the ship’s owner, Femco, said on Monday.

Femco said that was necessary “in order to protect its interests, the security of the ship and its crew, all of whom are Russian citizens.”

 

And rumors (probably true) that Saudi Arabia is on full alert, so are Israel and the US over Iran and Syria. Let's remember that full scale sanctions hit Iran on Sunday and Iran said they could cut off the strait...

Shit about to get real.

Wed, 06/27/2012 - 18:35 | Link to Comment 11b40
11b40's picture

Insurance?..we don't need no stinkin' insurance.

Russia Reflags Syria Arms Ship

Wed, 06/27/2012 - 21:00 | Link to Comment HungrySeagull
HungrySeagull's picture

The way things are going, there wont be any insurance at any price other than what Military Power you have with you.

Wed, 06/27/2012 - 18:52 | Link to Comment 11b40
11b40's picture

....and you can bet your sweet arse that Russia will not give up that naval base.  It is the only deep water port they have outside their territory, and is very strategically located.  They have numerous 'friends' in the ME, and if you look at the body language between Putin & Obummer last week, my guess is that Vladimir explained some geo-politics to Barrack....from a Russian perspective.

Europe needs to be careful with Putin & Syria, too.  It could be a long, cold winter, and they will be on their knees begging Russia to turn those gas pipelines on again if they piss him off.  Not to mention what happens if Iran does block the Straits of Hormuz.  When they say they can do it, I am inclined to believe them.  Their territory covers one entire side of the gulf.  We are about to start a fire that we may not be able to control.

Wed, 06/27/2012 - 19:53 | Link to Comment HungrySeagull
HungrySeagull's picture

Eh Why do the Ruskies give such a shit about some no account base in the middle of someone else's shit property on a dirty lake far away?

Wed, 06/27/2012 - 21:17 | Link to Comment 11b40
11b40's picture

Oh, I dunno...maybe for the same reasons we seem to give such a shit about that same shit property on that same dirty lake.

Wed, 06/27/2012 - 19:40 | Link to Comment Chuck Walla
Chuck Walla's picture

La Dance du Muerte, it begins....

Wed, 06/27/2012 - 18:29 | Link to Comment toady
toady's picture

Only 1% of the population has anything at stake.

Wed, 06/27/2012 - 18:46 | Link to Comment sunaJ
sunaJ's picture

I would say 99.99% of us have something at stake, but only .01% have any say in it.

Wed, 06/27/2012 - 19:00 | Link to Comment Ignatius J Reilly
Ignatius J Reilly's picture

I'd like to up arrow this a lot more times than once.

Wed, 06/27/2012 - 19:03 | Link to Comment toady
toady's picture

I keep forgetting that 99.999% of the population lives paycheck to paycheck ...

Wed, 06/27/2012 - 19:54 | Link to Comment HungrySeagull
HungrySeagull's picture

And can barely send anything in the mail without digging up lotto tickets by the wad.

Wed, 06/27/2012 - 18:29 | Link to Comment asteroids
asteroids's picture

The problem with CNBC has been the "happy happy perma-bull" attitude. If they were hard hitting and balanced, then, wow.

Wed, 06/27/2012 - 18:32 | Link to Comment pauhana
pauhana's picture

Absolutely agreed.

Wed, 06/27/2012 - 18:36 | Link to Comment FL_Conservative
FL_Conservative's picture

What they need to do is dump Liesman, Cramer and company (with the exception of Santilli) and go fresh.  I'd suggest they go "ZH" and bring in Tyler and company.  That would be a fuck of a lot more entertaining than its been in years.  Viewership would pop!  Just sayin'.

Wed, 06/27/2012 - 19:55 | Link to Comment withnmeans
withnmeans's picture

FL_conservative, not very often I give a extra plus, however there are exceptions. I give you a +100 for that one.

 

I can't stand to watch the daily lies on CNBC, Santelli is the only reason why I would watch it, unfortunately I never know when he is going to be on, so , henceforth I refuse to watch CNBC "PUKES"...

I'm glad their ratings are in the dumper, now if they could just lose their jobs "except Santelli". Put Cramer back in his car where he belongs, living on the street!

Wed, 06/27/2012 - 18:58 | Link to Comment Dingleberry
Dingleberry's picture

If they were "hard hitting and balanced" they wouldn't get a dime in advertising money......don't bite the hand that feeds.

Wed, 06/27/2012 - 19:54 | Link to Comment HungrySeagull
HungrySeagull's picture

They probably put the men's locker room down the green room past the ones containing the hotties and the jasmine perfume.

That will get any bull going at least a while until the blood gives out.

Wed, 06/27/2012 - 18:29 | Link to Comment Rainman
Rainman's picture

Dreaming that they let Santelli run it and things go Fight Club...corporati would say nein, tho

Wed, 06/27/2012 - 18:30 | Link to Comment Bunga Bunga
Bunga Bunga's picture

C-what?

Wed, 06/27/2012 - 18:31 | Link to Comment 11b40
11b40's picture

They were pumped --- now being dumped.

Wed, 06/27/2012 - 18:30 | Link to Comment q99x2
q99x2's picture

CNBC: Explain This? > Dudes, you're fucked.

Wed, 06/27/2012 - 18:32 | Link to Comment Joebloinvestor
Joebloinvestor's picture

I liked the part when Sylvia took a vacation (supposedly to dry out).

She was getting pretty outrageous about comments on Weber.

I think Becky is 7'2"at least.

I just like the interviews with the latest LIAR and latest LIE out of the EU.

Don't even watch the US part.

FOX business for that.

Wed, 06/27/2012 - 18:34 | Link to Comment LynRobison
LynRobison's picture

It's so weird that viewers are no longer mesmerized by a bunch of cheerleaders for paper investments in a crumbling ponzi scheme. Inexplicable. 

Wed, 06/27/2012 - 19:10 | Link to Comment Ignatius J Reilly
Ignatius J Reilly's picture

This.

The intelligent never tuned in. The smart left looking for answers as to why. The average are befuddled and don't like that what they see there does not jive with reality. The dumb tune in to get rich quick.

Wed, 06/27/2012 - 21:15 | Link to Comment Sabibaby
Sabibaby's picture

Some of the guests know what they're talking about it's just things tend to get twisted and misrepresented by the clowns who do the shows. The BS can be filtered but it’s not something you want to subject yourself to more than 15 minutes a day probably.

Wed, 06/27/2012 - 18:35 | Link to Comment Son of Loki
Son of Loki's picture

What does "CNBC" mean?  Is that like "Reality TV"?

Wed, 06/27/2012 - 18:35 | Link to Comment Atomizer
Atomizer's picture

CNBC (Comedy News Broadcasting Channel) - First in Bullshit Worldwide 

Wed, 06/27/2012 - 18:35 | Link to Comment Ignatius J Reilly
Ignatius J Reilly's picture

I'll tune back in when Mandy does the show naked. Sound will still be off...

Honestly, I'm not surprised. Is anyone, the channel is transparent. And look at the talent that has left.

Wed, 06/27/2012 - 19:14 | Link to Comment Savyindallas
Savyindallas's picture

Mandy would have to do the show butt naked -from my house-before I would tune in. And it would have to be on a weekend when my wife and kids are out of town visiting the in-laws from hell.

Wed, 06/27/2012 - 19:19 | Link to Comment Ignatius J Reilly
Ignatius J Reilly's picture

You sir have a lot going on. That would have to be a tape delay for you to actually "tune in" though wouldn't it?

Thu, 06/28/2012 - 01:34 | Link to Comment cbxer55
cbxer55's picture

Not butt-naked, but in a really nice thong. That winds me up more than naked, something about that strip running up the crack just lights my fire. ;-)

Wed, 06/27/2012 - 18:36 | Link to Comment veyron
veyron's picture

For those who paid attention to the chat:

 

I talked about buying ARNA (arena pharmaceutical) at the end of april (2.40).  At that point CNBC was bashing it.

 

They got advisory panel approval for lorcaserin (obesity drug).  Price spiked to 7.80 and started falling again.  CNBC rated it a sell.  Cramer is out there talking about how ARNA should issue lots of secondaries (overvalued)

 

Second ramp start of this month.  CNBC talked about shorting it at 6.60 before it took off.  It touched 11, and only then did Cramer start pumping ARNA.  People who bought in were burned by the stophunt (look at the price plot).

 

They won approval today.  Now CNBC is trying to backtrack, pretending that somehow their show encouraged retail to participate in the stock markets.  

 

If you want to understand why CNBC is losing market share, its because they are not only wrong, they refuse to admit when they are wrong.

Wed, 06/27/2012 - 18:43 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

It's true.  I can attest to Vey's prowess. 

Wed, 06/27/2012 - 18:49 | Link to Comment Bay of Pigs
Bay of Pigs's picture

Yes, those clowns on Fast Money never are held accountable for their trades, which I doubt they even make.

The BlowHorn is utterly useless for anything other than market propaganda.

Wed, 06/27/2012 - 19:57 | Link to Comment Rahm
Rahm's picture

++ vey nailed it before anyone had heard of it

Wed, 06/27/2012 - 23:31 | Link to Comment palmereldritch
palmereldritch's picture

Vey, not only are they wrong in that example it kinda smells of the behaviour of a reverse publicist or a cooler for the stock.

They are talking heads after all...so who writes their scripts?

Wed, 06/27/2012 - 18:36 | Link to Comment partimer1
partimer1's picture

They have all kinds of shitty programs, mad money, fast money, crazy money. Just don't have honest money, hard working money. It will be better off not to have the channel at all. The society is I'll-served by those clowns.

Wed, 06/27/2012 - 19:57 | Link to Comment HungrySeagull
HungrySeagull's picture

How about boring money market money.

Watching Agricultural stockyard prices is easier.

Wed, 06/27/2012 - 23:28 | Link to Comment Cathartes Aura
Cathartes Aura's picture

I daresay "honest money" & "hard working money" aren't sitting on the sofa with the clicker searching for a low-cut tit display during weekday program hours - they're more likely to be. . . out working.

Wed, 06/27/2012 - 18:37 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

The whole charade that is finance and economics has turned into a psyop.  Now, the main purpose is not to make money, but to keep the status quo.  It is about power, and maintaining the complacent nature of humaninty until the end.

The goal is being accomplished by keeping the economy, or whatever it is, in a holding pattern.  This is the helicopter that Bernanke is throwing money from.  Haven't you ever wondered why Bernanke used a helicopter as an analogy?  It was an accurate analogy done purposefully to tell the insiders exactly how the situation would be handled.

The economy, through the policy dictated by the reigning paradigm of Neo-Keynesian economics, the declared science, will be kept in a holding pattern, just like a helicopter, and fiat cash will be printed and thus thrown at the problem until the problem is solved, or, rather, until another problem follows.

Wed, 06/27/2012 - 19:02 | Link to Comment astartes09
astartes09's picture

Pretty terrible psyop.  No one is watching it.

Wed, 06/27/2012 - 18:39 | Link to Comment Town Crier
Town Crier's picture

The might bounce back if they would just lose the insufferable sound effects.

Wed, 06/27/2012 - 18:42 | Link to Comment Ineverslice
Ineverslice's picture

No integrity...especially with the FB fiasco and Nasdaq. Ouch...very painful for all those involved I imagine.

Mark Haines knew of this I believe.  I would like to know what really happend to that good man.  CNBC?

 

Wed, 06/27/2012 - 18:59 | Link to Comment GNWT
GNWT's picture

Whoa, dude, are you saying someone tried to silence Mark Haynes?

Seemed like a nice guy but looks like he didn't pass enough fast food

restaurants.

 

But you could be right, first Marilyn, then John, Martin and Robert, now Mark Haynes, 

(not to metion Janis, Jim and Jimi), when will it end...oh, the horror.

 

G

 

Stay liquid my friends...

Wed, 06/27/2012 - 19:13 | Link to Comment Ineverslice
Ineverslice's picture

No, not at all. 

My concern is whether or not he silenced himself.

Wed, 06/27/2012 - 18:41 | Link to Comment GNWT
GNWT's picture

Second that emotion, check out Alloyna...

RT rocks...

G

Stay liquid my friends...

Wed, 06/27/2012 - 18:42 | Link to Comment Milton Waddams
Milton Waddams's picture

When one-tenth of one percent of the content is actually illuminating and the remainder comprised of shills talking their book, what more can one expect?

In the end the station is one continually running commercial and viewers are beginning to realize this and tuning it out.

Wed, 06/27/2012 - 18:43 | Link to Comment fonzannoon
fonzannoon's picture

I admit to watching a little because it is fun to watch the desperation on their faces.

Thu, 06/28/2012 - 01:39 | Link to Comment cbxer55
cbxer55's picture

^ True dis. And why I only watch it on down days. In the green, I'm elsewhere. Deep in the red, I'm there. I work night shift, so I can do this.

Wed, 06/27/2012 - 18:44 | Link to Comment Intelligence_In...
Intelligence_Insulter's picture

I bootleg my cable and still feel raped when I watch that horrible obscenity of a channel.

Do NOT follow this link or you will be banned from the site!