#louis ruykeiser

[porterdavis]

It's deja vu (all over again)

I have to admit this song and dance takes me back about 45 years. The Dow Jones was on a tear in the early 80s and the most popular show about the market was Wall Street Week with Louis Ruykeiser. (sp?) One of the regular guests was one Julius Westheimer, who would weekly wring his hands and say it was all too much and he was taking half his money out of the market. (At least it was a real worry and not a political motivation!) After doing this about 20 times Louis wryly noted half of nothing was nothing.

Kudlow used to be a modestly respected analyst until too many martinis and too much marching powder took his faculties away. He has re-surfaced as a braying Trumper on FOX with not a shred of dignity left to his name. He maintains it's all smoke and mirrors and Trump is the only true saviour of the markets.

And yet he's still not the biggest sellout on FOX. Cough [Maria Bartiromo] cough.