Posted on 01/02/2015 7:55:12 AM PST by shove_it
Another year of putting lipstick on the zombie known as the global economy, kept walking only thanks to $11 trillion in liquidity injections by the world's central banks and tens of trillions of new Chinese credit created out of thin air and promptly misallocated and embezzled, and the results are in. The bottom line: according to Nielsen, is that despite the S&P recording a whopping 53 all time highs, and the Dow rising over 18,000, the channel that was once must watch financial TV for mom and pop, and has since devolved into endless cheerleading of failed policies and rigged markets, namely CNBC, just suffered its worst year in, well, ever.
But don't worry: the "retail investor" who has now fully given up on the "market", will surely be back this year, and with it CNBC's ratings.
In the meantime, here are the facts:
CNBC's Total Business Day segment (M-F 9:30a-5p), just delivered its lowest rated year since 1995 with P2+ and delivered its lowest rated year ever since 1992 with the 25-54 demographic ...
(details & chart at link)
(Excerpt) Read more at zerohedge.com ...
CNBC has moved left every single year since Obama came into office. Their ratings have correspondingly fallen every one of those years. Steve Lies-man is the biggest bore on the planet and he tries to talk with people he’s interviewing as if he is on their level. He is not. He’s not a good interviewer as a result. He’s supposed to get their views and question them — not go on about his own views. Finally, and most importantly, he is a cheerleader for Keynesianism all day long, for an activist central bank, both here and anywhere else. There is zero analysis in his presentations. It’s all BS.
All of CNBC’s top talent took a walk over to FBN for a reason.
Not to mention Control Data Corp (CDC). We called IBM the itty bitty machine company but I went down with that ship in the early 80s when the PC came along and sunk the mainframes.
Come to think of it the same can be said for much of the Republican leadership.
Remember the BUNCH, Burroughs, Univac, NCR, CDC, Honeywell and RCA, Raytheon, plus check this out; http://en.wikipedia.org/wiki/List_of_computer_system_manufacturers
How many viewers do they have left?
CNBC is a business channel, come on, really?
Comcast/NBC no longer caters to the tastes of the viewing public. They just fawningly parrot Barry’s daily talking points in return for legislation favoring their cable/internet monopolies in major parts of the country.
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