Ray

Ray writes for Annuity IQ and has over 16 years experience in the investment business. He has been on all sides of trades with options, stocks, futures and even owns mutual funds. Ray tries to provide interesting thoughts and opinions on the markets and, yes, picks on the media when they screw up or sugar coats things. He was a financial advisor, but does not make specific recommendation and investors should consult a licensed financial adviser before buying any investment.

10 responses to “Dennis Kneale”

  1. Mike,

    Good job getting around not getting (gonged? so 70’s) knee capped…

    I look forward to the next round. Maybe the guy will actually let you speak.

    Don’t forget it is CNBC…and we all know what that means.

  2. Props for trying to stop the madness. Markets seem to want optimsism maybe because many large funds do not go short. But when you go on someone elses show it is almost impossible to win even if you have a valid argument. Mike you got balls and I hope you impressions and CTR skyrocket!

  3. I am no fan of CNBC, but I’ll take Kneale’s side on this one. Your explanation to him as to why you wish to remain anonymous was a weak one. There are plenty of bloggers who use their real names. He’s right, it makes it easier to hide behind that anonymity and take pot shots. Juvenile.
    He did give you a chance to state your case. You just didn’t do it well.

  4. Here’s the answer Kneale didn’t want based on “real” numbers: “Job losses will continue.” Period. End of Argument. The “end” of a recession” has to include an increase in jobs, otherwise, IT’S STILL A RECESSION!! Slower job losses may be an improvement (the good news is you only got shot once…) but it’s still bad news.

    Okay, the recession is slowing. That’s good news. But it’s still hasn’t bottomed out.

    And your point about pent up demand is supported by the biggest example of artificially controlled economics, Nixon’s wage and proce freeze. That killed two presidencies, Ford and Carter. Hopefully the CNBC god of the markets, W, hasn’t already destroyed Obama.

  5. RonFromSeattle thinks its juvenile to want anonymity.

    Really? RonFromSeattle?

    Look…if you are able to get your message out there on the internet, on the teevee as a caller on a show, etc., what difference is it whether you are anonymous or not. When you have nothing left to criticize on the net, you criticize something dumb like wanting to be anonymous.

  6. Hey, you put up a good fight. Kudos!
    As for Dennis KNEEL, well, the guy’s rant was really tiresome.

  7. I was on a couple TV shows years ago. TV producers always lie when they’re trying to cajole someone into going on the air. They churn through guests so quickly, and are under such pressure to get them, that they have evolved into a merciless lifeform.

    You did a good job with the time you got, and I was impressed by your cogent defense of anonymity and pseudonymity in blogging. The whole thing was a set up, so you never were going to be allowed to challenge the host on his statement about the recession.

  8. Kudos, for standing up to that moron of moron on a network of morons, Dennis Kneale & CNBC. Dylan Ratigan (sic) was the only one with an ounce of integrity and he bailed.

    Kneale is just like the rest of the corporate media, they have a line of propaganda to deliver and the facts are incidental. Just remind Kneale, in 3 months or so that he called the bottom at 6/09, cause we will still be dropping jobs and GDP, foreclosures will be up and the recession will begin to be realized for what it is, a depression.

    This isn’t about business or home inventories, or liquidity or credit, its about a broken financial system occurring simultaneously with the retirement and reallocation of assets by baby boomers, while we have massive financial fraud on Wall Street and a series of broken investment bubbles.

    The talking heads control the air time, they will cut you off, they will marginalize your arguments and they will shout louder and longer, those are their tools of controlling the propaganda. They are experts and well funded, they will deny reality until they say they saw it coming all along. They are paid liars. Do not confuse reality for what you see and hear on the television.

  9. @theodore haha � the one who is posting the comments :D

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