This guy is the biggest knob I've ever seen in my life. He relies on a research note today by the geniuses at Merrill Lynch, which has a habit of being the ultimate fade (Blodgett in 1999; housing in 2005), as proof that his call was right. Before you hastily criticize me for coming to that conclusion, watch the tape: <param name="type" value="application/x-shockwave-flash"/> <param name="allowfullscreen" value="true"/> <param name="allowscriptaccess" value="always"/> <param name="quality" value="best"/> <param name="scale" value="noscale" /> <param name="wmode" value="transparent"/> <param name="bgcolor" value="#000000"/> <param name="salign" value="lt"/> <param name="movie" value="http://plus.cnbc.com/rssvideosearch/action/player/id/1183009725/code/cnbcplayershare"/> <embed name="cnbcplayer" PLUGINSPAGE="http://www.macromedia.com/go/getflashplayer" allowfullscreen="true" allowscriptaccess="always" bgcolor="#000000" height="380" width="400" quality="best" wmode="transparent" scale="noscale" salign="lt" src="http://plus.cnbc.com/rssvideosearch/action/player/id/1183009725/code/cnbcplayershare" type="application/x-shockwave-flash" /> </object> This guy is the biggest f**king turd on any so called financial medium of all time, and that's saying quite a bit. Even Kudlow and Laffer were bearish in the segment before knob-job Kneale's. Zuckerman referred to the employment conditions as "abysmal" and went so far as to say that they can't be deemed a lagging indicator anymore, and that all we'll continue to lose 500,000 jobs per month, minimum, for a long time. Here's Kneale having his head handed to him by none other than Laffer and Zuckerman: <param name="type" value="application/x-shockwave-flash"/> <param name="allowfullscreen" value="true"/> <param name="allowscriptaccess" value="always"/> <param name="quality" value="best"/> <param name="scale" value="noscale" /> <param name="wmode" value="transparent"/> <param name="bgcolor" value="#000000"/> <param name="salign" value="lt"/> <param name="movie" value="http://plus.cnbc.com/rssvideosearch/action/player/id/1182993741/code/cnbcplayershare"/> <embed name="cnbcplayer" PLUGINSPAGE="http://www.macromedia.com/go/getflashplayer" allowfullscreen="true" allowscriptaccess="always" bgcolor="#000000" height="380" width="400" quality="best" wmode="transparent" scale="noscale" salign="lt" src="http://plus.cnbc.com/rssvideosearch/action/player/id/1182993741/code/cnbcplayershare" type="application/x-shockwave-flash" /> </object>
Agreed, he comes across as one of those arrogant know it alls who you can tell is a fool the second they open their mouth. The first video just made me want to hit him.
Someone steal his blackberry please! <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/vmEErhy7AIc&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/vmEErhy7AIc&hl=en&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object>