They're gettin' a mite punch-drunk over at CNBC

[solarbird]

"Prepare for the age of hobos; teach your kids how to grift."

— Jeff Macke, CBNC Fast Money, in response to a Louise Yamada appearance and her analysis that the next level down for the S&P 500 is between 400 and 600.

Comments

[mhaolain.livejournal.com]

Louise Yamada feels so solid, it's uncanny. Michael Moore on Larry King said it's the end of capitalism as we know it, and good riddance. I don't know about that, but I dig the sentiment. Who knows? "Teach your kids how to grift" sounded like a throw away line, but wow. Aiee.