Good dig out, Vig!
CNBC has evolved into a stage for talking heads giving at best, their yin & yang on any stock/trend/"econ topic",
to at worst,(usual), a cheerleading pump & dump situ. One has to keep in mind that everyone appearing on there has a
real ulterior motive and/or, doesn't really know what they are talking about.
The chortling, screaming "panels" and 2 min sound bites may be "programming" to the geniuses that run the show, but it
has become self-parody, imo.
If anyone is interested in Nouriel Roubini's views, there was an exc. piece in the NYTimes Mag last fall:
http://www.nytimes.com/2008/08/17/ma...Roubini&st=cse
Karl D is one of many that point out the current vapor trails; he isn't always right, (no one is...), but his style and research are pretty good.
Hope all of my younger brethren on here are spending less, and saving a lot more; you will need it, imo.
GL,mD