One of the worrying aspects of watching Bloomberg as of late has been the dearth of commentators who espouse cautionary views about the state of the US economy, like Stephen Roach's "endgame" or Nouriel Roubini's "hard landing."
I do hope that Michael Bloomberg's political affiliations do not skew Bloomberg TV's editorial stance. We don't need a TV version of the Wall Street Journal's editorial pages. Instead of having John Snow and Elaine Chao for the umpteenth time, why not have more guests with grimmer but less self-interested viewpoints? If the overwhelming tide of "don't worry, be happy" guests doesn't fade, then there will be little difference left between Bloomberg TV and CNBC. Real news is about reality good and bad; if you don't agree, there's always Fox News.
Posted by Emmanuel |