Media Appearance: Kudlow & Company (7/25/06)

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Back in the studio for the regular appearance with Kudlow tonite.

The topics will be Housing, The Markets, Sentiment, Isreal,  and of course, Earnings.

I’m scheduled to be on from 5:00 to 5:30 pm — in the little boxes next to my head will also be Andrew Liveris, Dow Chemical CEO; Robert Smith, T. Rowe Price Portfolio Manager;
and Michelle Girard, RBS Greenwich Capital Economist;

~~~>>

To mix it up, this week I will announce On-Air that Kudlow is a closet Democrat in the tradition of Joe Lieberman, while I have registered as a member of the New Christian Coalition . . . (Now if only I can forget all I learned in all those damned science courses)

~~~

Updated July 25, 2006 7:42pm

The best part of tonite’s show was the surprise Jim Bunning discussion: In the post "Bernanke & the Markets," I argued that we needed to give Bernanke a break:

"The present situation wasn’t of his
making; he merely inherited a bad economic set up. Slowing growth,
rising inflation, high energy costs, a real estate dependent economy,
and the longstanding problem of excess liquidity — none of these rest
at the feet of the present Fed Chair. In reality, they are the result
of what Tim Iacono charitably describes as The Mess That Greenspan Made."

In particular, I thought Kentucky Sen. Jim Bunning (R) was unnecessarily harsh, calling Bernanke an "amateur" and busting him for Rookie errors.

Thanks to Dan Green, who reminded us (comments Jul 19, 2006 6:29:31 PM) that "Even Bunning had a 6.35 ERA in his rookie season…"

I mentioned Dan’s eagle eyed stat in the weekend linkfest, (and the rest is TV history)
~~~

The worst part?  What was with that hair? I looked like I had a wig on . . . 

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What's been said:

Discussions found on the web:
  1. Alaskan Pete commented on Jul 25

    CEO of Dow huh? Good. Maybe someone can query him on their current experience with input prices and pricing power, or what share of their market is foreign and the related effects of a weak dollar.

  2. GRL commented on Jul 25

    Maybe someone can explain why D.R. Horton went up 6% today.

  3. Chief Tomahawk commented on Jul 25

    Hey, didn’t General Custer say “So what!” too?

  4. Jimcos commented on Jul 25

    Re: (Now if only I can forget all I learned in all those damned science courses)

    Just tell them “just strong opinions, held weakly!”:-)

  5. KB commented on Jul 25

    And Mayer Rothschild was barely mentioned at all today … ;)

  6. Franco commented on Jul 25

    Personally Barry I don’t see how you can stand Kudlow. The man never met a rate cut he didn’t like. He can spin just about any economic report positive – I’ll give him that.

    The last time I remember residential real estate inventories climbing while prices held reletively firm was 1989-90.

  7. jzeide commented on Jul 25

    GRL: I think this is why DR Hortonwas up after its latest beating:

    from WSJ “The National Association of Realtors said sales of previously lived-in homes fell 1.3% in June to 6.62 million from the previous month, above expectations for a decline to 6.6 million”

  8. jim commented on Jul 25

    Rick Ackerman said it best regarding the consumer confidence number.”American consumers can find a silver lining even in a mushroom cloud”.

  9. Jim Harris commented on Jul 26

    Growing up in Detroit, I observed first hand that Bunning was the one Tiger who as a matter of personal policy refused to sign autographs for the kids hanging out after the ball game. Bunning is a jerk.

  10. Tom in Indy commented on Jul 27

    Barry,
    Don’t be too harsh on the NCC. Even a smart guy like Einstein believed in God.

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