Smack down

The Cherry on the Joe Kernan story this morning was when joe threw the smackdown on journalist Steve Leisman..... for "saying "of economists.... I'm on the bla bla Side" which some people infer that his is an economist.....

Steve seems like a good person..... It's just unfair to grandmothers and grandfathers out there trying to invest dwindling savings to take advice from somone giving the possible impression they are economists, or investment guru's.

I still hold the opinion that CNBC should hourly provide a disclaimer, stating that they are journalists, and editorialize about stocks.... and in no way should those opinions be taken as serious investment advice..... It's crazy that Cramer gets this "disclaimer" and that...... Dennis Kneal doesn't .... as much as some people dislike cramer.... he ... is or was a Pro... who made people money.

Hat's off to Joe...... though I disagree with some of his stances on some things... He continues to be a "moderate" voice of reason on the station..... and has a much "Bigger Picture" view of things than most of CNBC....

again... I don't particularly fault the "Talent"aka Talking heads... it's the people behind the scenes who... fall victim to the hubris of being the "voice of business". Thinking that they actually sway markets...

Now if only they could rethink there thoughts that every market move is driven by a specific event..... Some are.... But some are driven by technicals.