Wall Street has been brimming with optimism since President Donald Trump’s election, but Main Street’s optimism soared as well. Some say the new GOP health insurance bill may keep that going.CNBC reporter Kate Rogers said that “Main Street’s outlook post-election is still holding at historically high levels according to the National Federation of Independent Business.”
Rather than rejoice over the stock market rally, many people are pushing economic pessimism and that upset CNBC’s Rick Santelli. The CNBC editor and contributor complained about the pessimism on Squawk Box Feb. 16. “Much of the world always finds something to cheer about, always finds hope in every stock market. This particular rally, because of the president, everybody wants to put cold water on it and maybe some day they’ll all get their wish,” Santelli said.
It’s working. President-elect Donald Trump’s talk of lowering corporate tax rates and reducing regulation is already helping the economy, according to New York Stock Exchange (NYSE) Group President Tom Farley. Farley shared his views on the economy and the causes of the recent stock market rally with CNBC’s Squawk Box on Jan. 18. Squawk Box anchors interviewed Farley live from Davos, Switzerland, during the 2017 World Economic Forum meeting.
MRC Vice President of Business and Culture Dan Gainor ripped the liberal media for its anti-Trump, pro-Clinton bias. “There is no neutrality at The New York Times,” Gainor told After the Bell host Dan Asman before pointing out the double standard in how differently the Times covered Democratic and Republican presidents.
Tuesday on CNBC, Microsoft co-founder and multibillionaire Bill Gates recounted a conversation he had with Donald Trump a couple of weeks ago. He had fairly nice things to say about both the conversation and the potential of the incoming Trump administration. Naturally, neither the Associated Press nor the New York Times found these elements of the CNBC interview to be newsworthy.
Squawk Box host Joe Kernen blasted the “mainstream media” as the election loser saying certain outlets should accept humiliation. “The mainstream media is a loser in this and not just in trying to analyze what was happening but trying to influence and affect what was happening,” Kernen said on Nov. 9.
CNBC’s Joe Kernen slammed anti-Trump media bias on Nov. 8, and branded the New York Times as an honorary member of the Clinton campaign. He joked that The New York Times staff had “honorary position” in the Clinton campaign.
Leaked emails from the Clinton campaign cast doubts on CNBC Chief Washington Correspondent John Harwood’s ability to be an objective reporter when it came to Hillary Clinton. But after The Hill accused Harwood on Nov. 7, of colluding with the Clinton campaign, he denied the charge on Twitter.
Ever since WikiLeaks began releasing once-private messages from Hillary Clinton campaign chief John Podesta, people have had even more hard evidence of the mainstream media’s support for and collusion with Democratic Party operatives and campaigns.
One recent example shows CNBC’s Becky Quick -- the co-host of the channel’s popular show Squawk Box and a co-moderator with John Harwood at a 2015 Republican primary debate -- promising to support Sylvia Mathews Burwell, who had just been named the secretary of the Department of Health and Human Services.
The Wikileaks emails are revealing not only how close the press is to Clinton, but how much they’ll hide it. No one on Squawk Box confronted CNBC Chief Washington Correspondent John Harwood about leaked emails showing him cozying up to Clinton campaign chairman John Podesta.
National Baseball Hall of Famer Johnny Bench threw his support to Republican presidential nominee Donald Trump, and argued on CNBC’s Squawk Box that Trump could “change Washington.” “I’m going for Donald,” Bench said on Oct. 3.
Former General Electric CEO Jack Welch tore into Hillary Clinton’s policies on Squawk Box, arguing that her push for climate justice was de facto “lawyer protection." "Basically what it is, it just takes care of the lawyers,” Welch said on Sep. 20 of Clinton’s plan to promote “climate justice.”