Talk about fortuitous timing:
I am going to be on CNBC’s Morning Call at 10:45am today, discussing all those lovely charts from Cult of the Bear part II with the lovely Liz Claman. It will be interesting to see how those charts come out on TV.
Rescheduled for tomorrow, same Bat time, same Bat channel.
click for larger charts!
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100 Year Dow
1966-1982 Trading Range
S&P500 P/E Multiple Expansion
4 Year Presidential Cycle
Should be fun . . .
UPDATE January 18, 2005 11:00am
So first a tractor-trailer gets windblown, and jack-knifes on the George Washington Bridge, closing traffic in both directions. Cancel the New Jersey studio and appearance and go to plan B — the backback studio on Madison and 49th Street.
Then a windstorm closed nearly all of the bridges. Any traffic coming into Manhattan gets rerouted — the only entrance from the eastside into Manhattan is the mid-Town tunnel. I call the studio at 10:30, tell them I’m at the tunnel (finally) and it will be tight to make it by 10:45.
It takes me an hour to go about 10 minutes distance. At 10:44, I’m at Park and 39th — no shot at making the studio — call them to let them know.
No stress — all I can do is laugh about it.
We reschedule for tomorrow, same Bat time, same Bat channel.
I’m thinking in the first christmas colored graph you could backout the length of the last uptrend by at least a year, if not 2.
We’re not laughing here Barry. We had to watch Bob Pisani and Jim Glassman repeatedly tell us how great things were while we were waiting for you to appear. Almost ruined my morning. :)
Patsys…Do you bring to task the disgusting support by the President for the city of New Orleans? Globally it is a disgrace that you spend all the time on tax cuts and have a city, 5/6 months away from hurricane season, still not reconstructed…is this the Nation.
How this impacts the economy is that iy shows the lack of concern by the President on the overall economy as represented by New Orleans….more tax cuts…more support for business..is that all you think about.
We need some hard hitters on this program.
Patsys…Do you bring to task the disgusting support by the President for the city of New Orleans? Globally it is a disgrace that you spend all the time on tax cuts and have a city, 5/6 months away from hurricane season, still not reconstructed…is this the Nation.
How this impacts the economy is that it shows the lack of concern by the President on the overall economy as represented by New Orleans….more tax cuts…more support for business..is that all you think about.
We need some hard hitters on this program.