CNBC's Continuing Irresponsible Behavior

Every day, it seems, the online staff at CNBC's various daily financial news programs ask the same repetitious questions of their guests:


'Will the market sell off today?'


'Will we see a rebound today?'


'Will the market test new lows today, then rebound?'


You get the idea.

Is it me, or is this not just about the most asinine, improper and irresponsible behavior in which CNBC could engage?

Now, more than ever, most retail investors should be on the sidelines, or simply hunkered down with their current portfolio allocations. The last thing they should be doing is looking for advice on how to time daily market moves.

Of course, since most retail investors can't watch CNBC all morning/afternoon, this 'advice' is probably wasted on them. Thank God.

As for institutional investors, who might actually watch and trade, you and I had better hope they don't constitute a roaming herd of buyers or sellers, hanging on every word of some other portfolio manager talking his book on CNBC. Or some pundit giving his opinion on the random intra-day and closing market performance for the day.

Further evidence of how much CNBC engages in pure entertainment programming, to the exclusion of responsible business and financial market analysis.