** 23-Jul-2020 World View: CNBC vs Bloomberg TV
ihatecnbc2000 wrote: ↑Wed Jul 22, 2020 4:23 pm
> Some strong memories I have of the end of the dotcom bubble was
> how the relationship between the Dow/S&P versus NASDAQ went kind
> of schizo, with various days having one up big with the other down
> and vice versa. Then you had blowout seemingly good news earnings
> (beating "whisper numbers") that resulted in those stocks getting
> sold hard. We've definitely had the schizo indices, lets see if
> the big tech "beats" in earnings get sold into.
John wrote: ↑Wed Jul 22, 2020 4:48 pm
> Do you think that CNBC is worse than anyone else?
ihatecnbc2000 wrote: ↑Wed Jul 22, 2020 5:06 pm
> Haha. No, but I really hated them back then.
There is a difference between CNBC and Bloomberg tv. They
both have deep left-wing orientations, but Bloomberg is much
worse.
Back when Michael Bloomberg was running for president, Bloomberg
tv announced that they would continue to attack the Trump administration,
but that they wouldn't even investigate Democratic candidates.
When Bloomberg dropped out, he announced that he would still be
contributing billions to the Democrats, and Bloomberg tv didn't end
its policy of attacking Trump but leaving Democrats alone. CNBC is
better than Bloomberg tv because it's backed by a historically
legimate news organization, NBC news, which is still far left, but not
loony left all the time.
A similar comparison can be made between MSNBC and CNN. CNN has
become a total sewer, but MSNBC is a tiny bit more balanced for the
same reason as for CNBC -- it's backed by NBC news.
Fox News continues to have ratings far higher than all the others,
since the news shows are balanced, even if some of the commentators
are far to the right.