Kudlow: Time To Buy!

[pythagoruz]

lol, what a sorry excuse for a editorialist he is. He's been saying buy all the way down. And fwiw he got the whole FASB will apply to Q1 thing wrong, applies to Q2 +.

[snappa52]

the only things that are fit to buy are gold, silver and oil or goods from a local business. these talking heads should be ashamed of themselves.

[Geegeebaba]

These financial idiots might as well talk out of the asses. Misleading assholes lol.

[sonny51261]

So how many people actually understood what Kudlow was saying? He wasn't encouraging anyone to buy anything. He was simply saying that SEC accounting rules are undervaluing the so called "toxic assets" i.e. mortgage backed securities, and if those were changed, the balance sheets of the financial would improve thus moving their stock price. I happen to think he's is wrong, but how can you all have opinions regarding something you didn't understand?

[emembrace]

Wasn't the discounted cash flow model a major cause of this mess? That's the catalyst which drove Moody's and S&P to rate artificially the toxic assets in the first place. And yes, Kudlow was all hypothetical. Thanks for the bubble tip.

[sonny51261]

Naw, the "discounted cash flow" model can work. The financial firms used something called the Gaussian-Copula model. This single formula almost destroyed the country.

[sonny51261]

I do think Kudlow is full of shit, but you have to respond to his arguments with better arguments. Not, "fuck CNBC" and populist ranting. If any of these people went into finance they would do the same dumb shit. CNBC and its youtube critics have the same fundamental flaw: they hate having to learn about something before speaking.

[emembrace]

I admit that I did have a huge urge to comment for the sake of commenting, but let's be honest. I'm sure many models were used. Perhaps this one really could have been one of many.

[GBpueblo]

kudlow is more full of crap than cramer!

[jdfox1]

Ha Ha...Thank you for your money.

[BethovensBeetroots]

Many of these so-called financial analysts tell "average Joe" to invest in certain stocks and funds just after they have bought thousands of shares of it for themselves at a lower price. That way average Joe inflates the price when he buys the next day, just in time for Mr. Analyst to dump his shares and make a pile of cash. Classic.

[sgc31]

hmm i just don't think a change in accounting procedure is going to fix the economy

[surGeonGG]

I've been waiting for this. Biding my time and waiting for the perfect moment to make my move. Finally CNBC tells me to buy. This is my cue.

SELL EVERYTHING!

[BlueEagle8]

Suckers rally... if you have anything left... sell into it.

[Poofyponcho]

the stock market in general is a fraud. dont waste ur money. u have better odds in vegas. no lies.

[cerealaugher]

your best bet is not to bet at all

[LJPpro]

I think these were the people saying we hit a bottom around 1200 in the dow.

[chizel14]

we have been up the last 4 days I believe, getting a tiny bit of confidence in the market

[LJPpro]

Personally, I think this is just a bear market rally and we are eventually going to see the market go even lower than the lows in 6000's that we've recently.

Also, I think hyperinflation is a something that may eventually occur.

[underdog3]

they want you to put your money in again so they can steal it back in a couple months.

[hazeee123]

Utter BS. Sell, the sooner you do, the less you'll loose.

[AgentOrange04]

you see why cnbc got so much crap from stewart? this is exactly the kind of bs they are talking about

[leftwingwacko]

Kudlow is a Moron! He had no clue the financial meltdown was coming. I quote the numbnuts right before things came crashing down. "The greatest story never told! The United States Stock Market"

[fjaos633]

Today's FED actions proves hyperinflation is coming to the US. Best thing to do is have your friends and family check out: Inflation . us

[rafyselles]

DONT BELEIVE IT !

[dschroder26]

Don't listen to the mainstream media! They are controled by the very people who orchestrated this mess and they will continue to exploit us. They already bought short and now they want to sell that shit. Don't do it!

[parashooter40]

The rich want the huddles masses to buy so they can continue to sell short and get richer. Don't do it!

[AEVautomatic]

so buy and then short it yourself.

[lamouchemorte]

huh?

[lhooq21]

D.C.B.???

[DevBlazed]

DJI WILL RISE ABOVE 8000 BEFORE THE BOTTOM FALLS OUT ENTIRELY.

This has barely been a taste of what's coming.

[zapponsalvia]

I couldn't pay attention to anything that guy was saying because I was distracted by his hand showing up in front of that lady's face everytime he pointed.

[ipxzor]

For those who don't understand what is going on this guy is suggesting we basically ignore the problem by using accounting methods that make things look better than they are in order to get a wall street rally. Share prices don't mean jack unfortunately as they don't fix the stability and sustainability issues of a company so this guy is a jackass.

[CarryANation]

"in order to get a wall street rally"

I.e., to get middle class suckers to put money back into 401k mutual funds, which will be worth $0.00 in six months.

[CarryANation]

Great, "Mark To Fantasy Model" accounting, so now the companies can make up a bullshit number (my worthless credit default swaps is worth a kajillion dollars!) and you KNOW the taxpayer will be forced to buy those worthless derivatives for full fantasy price.

So tax payers have to eat the shit while the banks get to pretend they are still solvent.

Obama is WORSE than Bush, what a DISGRACE.

[moregravyplease]

You are worse than Bush. Even he has enough respect and consideration to not engage in your kind of shit-slinging. This is your solution to the problems we face?

Every American should be hopeful for President Obama and his policies to succeed. Building confidence in the American economy and our ability to manage and overcome these crises should be the primary organizing principle for any true patriot.

[CarryANation]

moregravyplease I assume you are a Democratic party spammer? I am "shit-slinging"? Fine, Obama is stealing our money and giving it to his Hedge Fund Wall Street Buddies - you know, the same ones that paid for his campaign?

You Democrats are not fooling anybody with your "working class families" bullshit - you won't even pass card check, liars.

Democrats = the Wall Street Bernie Madoff Party, and Obama is worse than Bush. Rahm Emmanuel? LOL You aren't fooling *anybody*.

One-Term Obama lol

[moregravyplease]

Are all comments with which you disagree "SPAM?"

The VAST MAJORITY of donations received by the Obama campaign were small donations from individuals. This fact can only be disputed by liars.

It is clear that you are engaging in BLATANT fear-mongering. Why you would wish to do this is beyond my ability to understand, as I am not inclined toward empathy with the sociopathic mentality. It is clear that you hate America.

Your comments are childish at a MINIMUM, and idiotic to the MAXIMUM.

[CarryANation]

It's telling you end with questioning my sanity, that's literally a Soviet technique.

I am engaged in "blatant fear mongering" - how so? QUOTE my "fear mongering"? Because I have no faith in Obama and Geithner's "keep bailing out the hedge funds through AIG" strategy?

You are a partisan hack, doing nothing but spamming talking points for Obama and the DNC. You are just as transparent as the Republicans spammer.

You hate America.

[moregravyplease]

NaryANotion: "I am engaged in "blatant fear mongering" - how so? QUOTE my "fear mongering"?"

There you go, dude. Read 'em and weep!

In an earlier comment you allege that the President is "stealing" money from the treasury and paying off the people who put him in office. One problem I have with that particular rhetorical construction is that it is cynical & very misleading. In fact, it is literally demonstrably untrue.

I am not affiliated with any party. I vote my hopes, not my fears.

[moregravyplease]

I doubt you care who the current President is or who the next President will be. I fully doubt you care about much of anything BUT the sense of gratification you experience when posting angry, illogical comments on YouTube videos. What you believe you are achieving is beyond my understanding, as I'm fully unable to empathize with the sociopathic mind.

Though I doubt reason could ever convince you of the error of your ways, I shall persist in pressing these points of contention;

TO WIT: ***

[moregravyplease]

***

1. We just gave the dude $.75 bil! You may be used to 100% daily returns on capital investment, but in my world patience is a virtue. My long-term economic, social, and political strategy is to invest in the success of AMERICAN ACHIEVEMENT, and NOT its failure. I choose to add value to that investment by abolishing fear and appealing to reason.

YOU DO NOT 'KNOW' THE FUTURE! No one does. And since you're clearly not an economist, your 'predictions' are irrelevant.

Stop spreading fear!

[CarryANation]

"My long-term economic, social, and political strategy is to invest in the success of AMERICAN ACHIEVEMENT, and NOT its failure. I choose to add value to that investment by abolishing fear and appealing to reason."

Uh, no, you liar, you are investing in a scam run by the hedge funds, AIG, Citigroup, JP Morgan, and the Fed.

The derivatives and credit default swaps *cannot* be paid off, they were fraud from the beginning and until Obama fixes that the crash in inevitable.

[moregravyplease]

Like I said,

"YOU DO NOT 'KNOW' THE FUTURE! No one does. And since you're clearly not an economist, your 'predictions' are noxious and offensive.

Stop spreading fear!"

[terrence0258]

Does this mean Citi is going down in about 5 days. I would love to see what The Daily Show would do if that actually happened.

[WKaliberr]

buy with what?

[jthomasbailey]

SELL!

[doc7474]

Another John Stewart rant in the making? Remember guys..this is CNBC.

[FairelyGushing]

The #1 rule of investing in the market is to buy low and sell high. And if there's anytime to be buying low, it's now.

For those of you who were putting all of your money in your mattress, saving all that money was a GOOD thing. But now is the time for confidence in the market.

In fact, with the price of gold as high as it is, now is the time to sell all of your gold and split that money between biotech stocks, especially cellular research. I'm also very bullish on battery tech stocks.

[CarryANation]

LOL HA HA HA HA I peed myself

[moregravyplease]

What is so funny? Buying in on techs that are at the low end on pricing is a smart move right now. Especially battery tech. Battery tech is the main bottleneck in improving efficiency for electric cars and hybrids. ANY advance in battery tech is guaranteed to push the price of the affected stocks higher.

You should get your bladder control problem checked out.

[moregravyplease]

True.

But instead of 'selling' you gold, I'd recommend taking it to a producer of high-end electronics, and working a deal to get those products at the manufacturer's cost. This way, you maximize the value of the gold, while cutting out middlemen's fees.

[ver506]

Who in their right mind will believe these people?

[willisjamaica]

$20 this educated asshole gets it wrong. But this time bitch slap him for it ,

[KataVideo]

krudlow has been wrong about pretty much everything so... listen at your own risk

[bobhardball]

Whoever trust these morons is either dumb or a natural born idiot. PURE AND SIMPLE.

[ver506]

True dat!

[sachaput]

I wonder sometimes if even these 'experts' understand what they are talking about, or if they just throw in buzzwords their producers whisper into the earpiece.

These monkeys created this house of cards and now express surprise it didn't withstand the breeze from a closing door.

[Makron5]

BREAKING News: Financial Armageddon: attackers running out of ammunition.

This means that Illuminati MUST now launch either ethnic civil war or nuclear Armageddon.

[dogstar7]

The Financial Accounting Standards Board (FASB) and

the U.S. Securities and Exchange Commission (SEC)

accountingbase (slash) SECFASB

[dogstar7]

FASB Standards The Financial Accounting Standards Board (FASB) is the primary organization establishing financial and accounting standards for the private sector.

The standards developed and propagated by the FASB are officially recognized by the SEC and the American Institute of Certified Public Accountants (AICPA).

[flang]

When CNBC says stand up, sit down.

[harryheckjr]

Oh yeah, if CNBC says "buy now". I'm definitely going to take this credible source of info an buy buy buy! lol

[voyeurdug]

I'm ~somehow~ comforted in that I understood virtually none of that.

[hellshade2]

first off anyone taking financial advice from some one on t.v. should probably get their head examined

[HieiYYH2]

Say that to Jim Crammer and see how fast you get laughed

[WadeBlazingame34]

Hey Larry, come here for a second..... "F#CK YOU!"

[CherryIce1114]

I really hate this guy

[Richardgwm]

What he is saying is "if you let us lie on the financials, we can report great earnings."

[wimscheers]

I love how his keeps flipping in front of that women. For more relevant comments, look at people with an active knowledge of economy.

[YukiIsoya08]

Why should anyone listen to CNBC?

[dlacc187]

jon stewart changed the way ppl look at cnbc.

[RecessMonkeys]

It's time they cut their losses and stopped pissing into the wind.

[TylerNull]

"Why should anyone listen to CNBC? "

Aside from the fact that it's the best financial news channel in the history of TV, they dare to "speak truth to power", as Democrats say (but never actually do).

You're just pissed off because Cramer & Santelli recently questioned your secular messiah, O'bambi, and now you follow your guru, Stewie, who's a Democrat lap dog posing as government watch dog.

[DavosLogos]

youre so blinded by hatred for dems & the magic negro that you will stand by everythn that opposses them.

YOU are the problem, people like you

Partisan retards.

[TylerNull]

Pointing out the Democrat's attack machine, and their devotees servile recitals of it, isn't to be "blinded by hatred".

"The problem" isn't partisanship -- actually believing in your ideas -- but rather bad ideas themselves.

Then again, you wouldn't know how indefensible some politics are if you didn't already know that, so you wouldn't have had to avoid the point as you snipe at others for noticing.

[YukiIsoya08]

TylerNull,

"It's the best financial news channel in the history of TV"

Really? Based on what unbiased source? Would the best financial news channel really cause the economic collapse of the world's superpower? Jon Stewart is a comedian. And it's sad that he's the only one putting real questions to your Wall Street frat boys.

[TylerNull]

"ased on what unbiased source?"

All of humanity. (They're number one.)