Denninger accuses CNBC of falsely goosing market on Roubini’s back


Here is a video released by Karl Denninger of Market Ticker in which he shows exasperation with CNBC’s pro-bullish bias.  He notes that CNBC used comments by Nouriel Roubini to suggest the economy is rebounding faster. Denninger sees this as a pattern at CNBC and brings up prior incidents of a similar nature.

For his part, Roubini was also distressed about this and has released a statement on his site that is in this morning’s links refuting the characterization of his comments given on CNBC.

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The market had rallied on the back of the CNBC story.

Hat tip Barry Ritholtz.

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