Back from Lost Wages, just in time for tonite’s Kudlow & Co. — just a few segments, from 5:00pm to 5:20pm or so, on CNBC.
In addition to your humble scribe, Gary Shilling will be on, as will Michelle Girard. I guess that makes me the moderate.
I will have to ask Larry about his upping the possibility of a recession to 50%, and if this means for certain that Goldilocks was "Officially Dead"
Also, we may explore the question ES Browning asked in the front page of today’s WSJ: Are equity traders and investors pinning too much hope on a rate cut?
Lastly, I will note that equities look resiliant compared to the early morning futures indications. Same thing happened last week — poor futures, flat close . . .
UPDATE September 17, 2007 8:12pm
Man, did I look tired or what? The LV trip — Friday flight there, up nearly all nite, return flight Sunday — was exhausting. I looked like crap.
This was a last minute call — no tie, no shave.
I need a new drug . . .