CNBC has always been somewhat of a joke to people like me: contrarians, goldbugs, bears and sundry “nutjobs”. We get no respect but it’s hard to believe that people like this are highly paid market commentators
This happened on CNBC yesterday, when Jeff Macke started interspersing absolute non-sequiturs between a litany of tangential rants and insults. Clusterstock reported today that Macke is under a lot of stress, currently negotiating his contract with CNBC. Word is, after yesterday’s stunt, he may be on his way out the door.
As Clusterstock observed:
“He couldn’t carry his own show, he doesn’t have any obvious alternatives and, more importantly, his latest breakdown may have torpedoed any chance to get hired somewhere else.”