Bartiromo Ignores Doom and Gloom Playbook and Says No Recession

Photo of Jeff Poor.

It’s a little odd when a reporter contradicts herself and discloses she doesn’t necessarily agree with what she’s reporting.

But that’s what happened this morning when CNBC’s Maria Bartimoro appeared on the November 12 “Today” to report the chances of a recession. “Today” host Meredith Vieira asked Bartiromo if she thought the economy was heading into a recession after Bartiromo delivered a report about economic fears.

“You know Meredith, I do not,” Bartiromo said. “My gut feeling tells me that we have strength around the world. Economies like China and India and Europe continue to grow and that certainly helps American companies that have operations there. I think that that growth will probably offset the weakness that we’re seeing in housing and of course this pressure from oil.”

See YouTube video below.

Prior to Bartiromo’s optimistic comment, her report showcased some grim news about housing, oil and other concerns and included one expert warning about stagflation.

“The risk going forward is what’s called stagflation, in which we have a weak economy, weak job market, elevated unemployment at the same time we have inflation,” said Edward Leamer, director of UCLA-Anderson Forecast.

Leamer gave his dire warning despite the Labor Department report from November 2 166,000 new jobs created during the month of October and the Commerce Department report from October 31 the gross domestic product growth was at 3.9 percent.


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I'd listen to (and

I'd listen to (and watch) Maria Bartiromo anytime. Meredith Vieira is just a "Rosie O'Donnell lite". Much like Katie Couric. They make me ill just looking at them.

Maria Bartiromo

Maria Bartiromo is employed by a network that thrives on hyping every event, whether it be political or business.  And she plays right along.  She lost her credibility when she was caught interviewing Sandy Weill of Citi and not disclosing she owned stock in the company.  She was caught being whisked around the world on 'business' by her 'good time' friend at Citi, who ended up getting fired, for his actions and behavior.  And despite all this, last week when Citi Corp fired it's CEO, she was in the thick of the discussion without even a second thought.  She has yet to learn how to talk on TV vs. screaming, and she is about as believable as Hillary Clinton is about the damn billiing records.  Why anyone would ask her what she thinks about anything is beyond me.

THE MONEY HONEY...

At least she did'nt sleep with the person she was covering the way Marthala Salinas did with the LA mayor while covering him when she was working for Telemundo, who is owned by GE as well.

"Some of us are wise, some of us are otherwise"  Mark Levin

you know, with you guys,

you know, with you guys, she's damned if she does and damned if she doesn't - I can imagine the howling from this site if she had said we're headed into a recession, she didn't - and she's still criticized

faulty premise

I missed the part where she was criticized... apparently it was Edward Leamer who said the silly stuff at the end.

Ignoring The Fed

If she was honest she would mention the Fed's crazy Audi monetary policy.

Rally online with Ron Paul: http://paleo.wordpre...