Good CNBC Segment

At about 20 minutes before the close CNBC had a bull and bear debate between Carter Worth from Oppenheimer and perma bull Joey Bats. Right out of the shoot Tyler asks Joe why anyone should listen to him? Way to go Tyler! What would be better if the TV media stopped having big Joe on at all. If you missed the segment, Joe side stepped the question of his incompetence and spelled out that the reason US stocks will do well is because returns overseas don't look compelling (really?) and the Fed does not want to tip us into recession (as opposed to all those other recessions the Fed wanted to start?).

Carter said that nothing is working in the market right now and that it makes sense to be defensive (my word not his). He responded to Joe's "materials and energy stocks are doing well" comment by noting that those are late cycle stocks and their success is not cause for optimism.

I would say that Carter pinned Joey Bats' ears back. I admit that I am biased so I could be incorrect. Props to Tyler for having the onions, as Bill Raftery would say (can you tell how thrilled I am about the NCAA tourney starting tonight), to call Joe out.