Tuesday, 18 November 2008

CNBC - The New Coro Street

[Update: And a further 100 point fall in the final 5 minutes. Crazy]

I often complain about time zones, but 9.00am - 10.00am makes for compelling television viewing. On Squark Box, you can see fortunes being won and lost in seconds. Never has 'live drama' been so real and so compelling.

CNBC is the Fox News of the financial world. Squark Box is its signature program. It tracks global stock markets. It is on Channel 95 on Sky.

You know that Wall Street has lost the plot when you tune in at 9.45am. That is 15 minutes before the closing bell. For the past few weeks, all bets have been off as the index has gyrated with no apparent fundamentals driving the moves in this final quarter hour. Since starting this post, the Dow Jones has lost 100 points.

And you think Ashley on Coro Street has anything to panic about? For the best drama on 'The Street', try Channel 95.

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