This is the same crowd that said that Clinton couldn't win a Senate seat in New York.  

Why do you trust their political analysis now?

I entirely agree that Iraq will not be the big issue this election - when the dollar is weak against the Canadian dollar, there's a problem.  Only 3 years ago when I was last in Canada, the dollar was still pretty strong.  Inflation needs to be controlled before it drives us into an even worse position.  Can Obama deliver what on is usually a Republican monopoly?

Aren't they a parody channel?

CNBC is basically a whole bunch of screamers crying because their day trader buddy speculators are going belly-up because the gravy train has ended.

CNBC is about on par with the Yahoo market message boards... a whole lot of screamers and screechers who demonstrate an unflinching ability to deceitfully trumpet their own, selfish wants at the cost of greater fiscal sanity and national economic health.

as to why John McCain will win the battle about the economy with Barack Obama.  No comparison of their economic proposals (though McCain really doesn't have any that aren't Bush 3.0).  What a worthless diary.

don't usually watch CNBC but your diary is right on about their tone.

They are panicking because the Democratic candidates that they were hoping would show "responsibility and reason" (continue the destruction of the middle class and continue the massive transfer of wealth to them and their fat cat buddies) are adopting Edward's populist rhetoric. They were betting that Hillary at least would mark a return to the globilization friendly policies of her husband but no, even Hillary is now saying she never supported any of Bill's trade policies.

One of Kudlow's panelists made it clear. Expect less money for corporate profits and investors more money for labor. Less for the top 2%, more for the great unwashed masses if the Democrats win. They all agreed this would be a very bad thing.

Kudlow is always delusional. He was a cheerleader for the markets right before the tech bubble popped sending equities crashing, same thing with his prediction that the housing crisis would be contained and would not impact the economy and by the way according to Larry the tax cuts are working and the American middle class is doing better then ever. He is being just as delusional now in predications about November. He is the most Hacktacular pundit on Television.

Wow, they really do think Obama's a joke don't they? They're pretty much reinforcing what PJ O'Rourke said that the GOP think that if Obama somehow manages to win the WH they'll be able to walk all over him.

I think Wall Street is actually quite interested in seeing a Democrat win this year.  They'll never be in the tank for a Dem like they usually are for the GOP, of course, but a lot of the big financial players see a new direction as an important part of restoring investor confidence and getting the economy back on track, which is what puts money in their pockets.

As between Hillary and Obama, they seem totally indifferent from where I sit (which, on most days, is 1 block from Wall Street).

The hacks like Kudlow will always be hacks, of course, but the guys who actually call the shots on Wall Street are quite intrigued by the Dems at the moment.  The scam is that they don't think the Dems will do anything serious in terms of re-regulating the market, but as long as people THINK the market is getting re-regulated, they'll be happy to invest their money into whatever the new pile o' crap might happen to be.