On Tuesday night, liberal comedian Jon Stewart announced that he would be departing The Daily Show later this year to pursue other professional endeavors. Following Stewart’s decision to end his 16 year run at Comedy Central, many in the media have wondered what his next move would be, including former Yahoo CEO Ross Levinsohn who argued that he would pay Stewart $100 million per year for a new television distribution model. Speaking on CNBC’s Fast Money Halftime Report on Thursday, Levinsohn called Stewart “the franchise... Jon Stewart is authentic to the core and I think the millennial generation certainly knows that.”
Scott Wapner
By Jeff Poor | April 5, 2010 | 5:05 PM EDT
With summer driving season upon us, it's important to note that there's a traditional jump in gas prices. But will this seasonal adjustment benefit commodities, specifically oil and make the price of gasoline even higher? That could happen if those forms of energy lure investment from what seems to be an over-valued equities market, brought on by what some claim is cheap money.
On her April 5 program, "Closing Bell" host Maria Bartiromo asked CNBC's CME Group floor reporter Rick Santelli if a move higher in commodities was due to inflation. However, according to Santelli, it's not inflation but a move by investors out of a potentially over-valued equities market that will cause a rise in commodities.
"Well, you know, I don't like to link the two together," Santelli said. "I mean, many times you know, it is core [minus] food and energy. So I think throw all that away. I think the better question is, is that when people are afraid to put their money to work in treasuries, because rates may be going higher, maybe afraid that we are a little long in the tooth in the sugar-buzz rally of equities - boy, commodities is the place to be. Most of the good dollar trades probably already out there."