It amazes me that people still listen to CNBC at all. It's not
like their nearly useless, short form commentary is a new
phenomenon. It used to be a matter of not having choice but now
there is no shortage of thoughtful, expert level debate and
commentary content available - actual 2 sided discussions where
they tackle trading, finance and econ issues that can't be
understood with 30 second segments (lots of live content if that's
your jam). However, you're not going to find this anywhere in your
cable TV channel lineup. Cable is a waste of money now except for
sports.
You could make an argument for watching CNBC if you're a long
term only investor type since it's an equity sales show at it's
core and you get to hear lots of sales pitches all day long. But I
don't think there's any argument for traders watching
it...especially shorter term traders. There is a ton of actual live
trading content available. Why would you listen to equity sales
pitches from financial advisors when you could be listening to
other traders trading the markets in real time?
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It amazes me that people
Nickileaks
Posted by bthefnd on 17th of Sep 2024 at 12:15 pm
It amazes me that people still listen to CNBC at all. It's not like their nearly useless, short form commentary is a new phenomenon. It used to be a matter of not having choice but now there is no shortage of thoughtful, expert level debate and commentary content available - actual 2 sided discussions where they tackle trading, finance and econ issues that can't be understood with 30 second segments (lots of live content if that's your jam). However, you're not going to find this anywhere in your cable TV channel lineup. Cable is a waste of money now except for sports.
You could make an argument for watching CNBC if you're a long term only investor type since it's an equity sales show at it's core and you get to hear lots of sales pitches all day long. But I don't think there's any argument for traders watching it...especially shorter term traders. There is a ton of actual live trading content available. Why would you listen to equity sales pitches from financial advisors when you could be listening to other traders trading the markets in real time?