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Forbes' Karlgaard on Kudlow: Stocks up because Obama issues in trouble, Obama being moved "toward capitalism"

July 24, 2009 1:02 pm ET

From the July 23 edition of CNBC's The Kudlow Report:

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    • Author by platanoman3029 (July 24, 2009 1:33 pm ET)
         
      these guys are suppose to know the market? oh boy. no wonder investors are in trouble
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    • Author by pilotshark (July 24, 2009 1:40 pm ET)
         
      How about that poor old Perez Obama`s Bear market >>> just keeps on moving in the wrong direction (for this bunch sounds like).
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    • Author by Max Credits (July 24, 2009 1:46 pm ET)
         
      I love those folks who helped get us in this mess, and suddenly they say, "This is Obama's economy." That's fine. Give it to me. My job is to solve problems, not stand on the sidelines and carp and gripe.


      Not so fast, President Obama. Stocks are rallying and the Pundits That Be would like to take it back and credit anything and anyone but you for the current good run. Not to worry, though, these very same Pundits That Be will give it back to you the moment things appear to go south.
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    • Author by toombsie (July 24, 2009 2:44 pm ET)
         
      Jesus I can't stand Kudlow - he is just a talking head, market cheerleader. He's already chanting Dow 10000 by the end of the year.

      It is basic fact that market movements cannot be predicted ahead of time with any accuracy. If you predict it goes up and it goes up that is just complete luck. There is no science behind market predictions. Devoting any time to it on your program is just an enormous waste and the fact this his show is just a propaganda vessel to spew trash about Obama and blame Obama for any preceived problems in the market makes him one of the worst people on television.
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