Best and Worst on CNBC

IMO, I think Josh Brown is one of the best regulars. Tells it like it is, understands that finance goes beyond millionaire elitists that watch and analyze the markets 24/7.

Worst, of course, is one and only Jim Cramer. Annoying, shrieking voice. Constantly contradicts himself. Talks way too much.

Curious of your opinions.

11 Comments
 

I think Dan Nathan is best for stock and general market commentary.

Rob Sechan is good, I also like to listen to  Guy Adami.

I think Josh Brown has interesting things to say sometimes but his tone and attitude can be rather annoying.

 
Most Helpful

Jim Cramer is a financially illiterate person's idea of what an intelligent stock market analyst should be.

It's really easy to get acclimated to working on Wall Street or other high powered jobs and think that level of financial literacy is a baseline.  It isn't.  Even ignoring the old canard that if you take someone of average intelligence, half the population is dumber than that, you have to realize that there are plenty of intelligent people who are essentially financially illiterate.  Most people's knowledge of Wall Street probably comes from movies and television, and think that everyone who works on Wall Street is some 70s broker on the floor of the NYSE yelling "buy, buy, buy!".  If that is what you think the stock market is, than a guy manically hitting buttons and screaming buy or sell recommendations probably speaks to you way more than thinking about a guy quietly sitting at a Bloomberg terminal for 14 hours a day doing equity research.

As with basically everything else on television, it's entertainment, not someone soberly providing relevant information.  The same way Shark Tank isn't representative of how startups get funded or evaluated (though I guess these days you could argue Mark Cuban does more diligence than your average VC fund, apparently) but rather is a small part of that, scripted and packaged to be exciting to people who don't have the base knowledge to appreciate the actual finer points of venture capital, Jim Cramer is there to be the Chuck-E-Cheese of investing.  Lots of bright lights, loud noises, and things to do/see for people with short attention spans before we move on to the next thing.  The fact that he can also engage in what seems to me to be some pretty shady market manipulation at the same time is just the icing on the cake.

 

Kernan is a dinosaur but produces some good points when he's not struggling to pronounce a word. I've seen some extremely good takes from him and some extremely bad ones. Guy just needs to understand that it's not the 1960s anymore. Sorkin also makes some good points, but he's a pushover and doesn't ask the RIGHT questions, so he's able to simultaneously bully people with ad-hom arguments and get walked all over at once. Kind of impressive, to be honest. 

Cramer sucks, but that's also his job. His job is to be loud and I think he knows that - guy isn't as stupid as you all think. It's just the character he plays, being the 'bad cop' while Faber is there to even him out. Side note - I would have loved to see Faber on Jeopardy, but that chick from the Big Bang Theory got it, I guess. CNBC is mostly just background noise for us, our TVs at the office either have that on or Bloomberg TV, but always muted! 

Side rant - can CNBC change its layout? It looks like a cartoon. I despise CNN with every ounce of blood I have, but their presentation looks better than any other news channel out there. Modern graphics, a clean banner, etc. CNBC has those shape orb things always floating in the background, the fonts and colors look childish... who knows. Just feels like I'm watching a kid's show sometimes... especially when the anchors open their mouths!

 

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