Best Financial Markets Analysis Article The long awaited showdown between comedian Jon Stewart and the bigger Comedian Jim Cramer. Cramer cringes as Stewart refers to them both as snake oil salesmen.

The fault is with CNBC, as it could be a great tool for investors if only it were not in the pockets of the CEO's and advertising snake oil salesmen that frequent it's shows to promote their products and corporations instead of unbiased analysis, which is why the network has become a laughing stock and perceived as a Perma Bull network. However the argument that could be made that if the CNBC interviewers were not soft on the CEO's then they would not go on the channel for interviews, which is probably why Stewart does not get any CEO's on his show.

Where stocks are concerned, Cramer having recently thrown in the towel after the Dow had collapsed by near 50% could mean we may actually HAVE seen the bottom.

In the final analysis the successful traders that actually know what they are doing in the markets are busy sat in front of trading screens rather than prancing about in makeup rooms getting ready to spend the day in the TV studio's.

Now its not all one way traffic, as Jon Stewart to a degree also plays the snake oil salesman role, as many of his guests are on the show to either push their books or seek to increase their public exposure for political or celebrity reasons. So I guess Cramer Vs Stewart is more different shades of gray than black and white.

By Nadeem Walayat
http://www.marketoracle.co.uk

Nadeem Walayat has over 20 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis specialises on the housing market and interest rates. Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication. We present in-depth analysis from over 250 experienced analysts on a range of views of the probable direction of the financial markets. Thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Attention Editors and Publishers! - You have permission to republish THIS article. Republished articles must include attribution to the author and links back to the http://www.marketoracle.co.uk . Please send an email to republish@marketoracle.co.uk, to include a link to the published article.

Nadeem Walayat Archive

Only logged in users are allowed to post comments. Register/ Log in

The Market Oracle is a FREE Financial Markets Forecasting & Analysis web-site.
(c) 2005-2022 MarketOracle.co.uk (Market Oracle Ltd) - Market Oracle Ltd asserts copyright on all articles authored by our editorial team and all comments posted. Any and all information provided within the web-site, is for general information purposes only and Market Oracle Ltd do not warrant the accuracy, timeliness or suitability of any information provided on this site. nor is or shall be deemed to constitute, financial or any other advice or recommendation by us. and are also not meant to be investment advice or solicitation or recommendation to establish market positions. We do not give investment advice and our comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to enter into a market position either stock, option, futures contract, bonds, commodity or any other financial instrument at any time. We recommend that independent professional advice is obtained before you make any investment or trading decisions. By using this site you agree to this sites Terms of Use. From time to time we promote or endorse certain products / services that we believe are worthy of your time and attention. In return for that endorsement and only in the cases where you purchase directly though us may we be compensated by the producers of those products.