CNBC Is Interesting This Afternoon

I’d almost say they’re torn between their sad-sack antecedents and a sense of…dare I say it? Irrational exuberance at the thought of what’s possible.

Their live updates coverage of the inauguration has a headline link is flat-out hilarious when you just read it on its face.

I mean, think about it – ‘Matter of fact, we’re gonna rename a whole body of water and, oh – and colonize Mars.’ That’s what the whoever was updating the network thought the main takeaways from his inaugural address.

The inside column headline reads:

Trump inauguration live updates: New president vows to retake Panama Canal, plant flag on Mars

That’s all they got out of it.

It’s just a hoot. Only Trump, man.

Only Trump.

In the stream of story snippets, they did notice Trump didn’t have his hand on the Bibles Melania was holding. Scandal.

Trump did not place his hand on a Bible as he took the oath of office.

It is traditional for presidents to have their left palm resting on a Bible when they are sworn in.

Trump, instead, had his left hand at his side, with his right hand raised, as he took the oath, with Melania Trump standing at his side holding two Bibles.

And that the Customs and Border Patrol (CBP) had scrapped Mayorkas’s app for setting your own asylum appointments. Obviously the author is confused why such a move was necessary when the border has practically cured itself.

The crackdown comes as illegal entries have declined sharply during Biden’s final year in office. Weeks earlier, the CBP said that encounters between ports of entry along the southwest border in November were down 76% from a year earlier.

They’re really not into the ‘Trump is president’ thing yet or even really how he got reelected to begin with. 

All the networks know is that the hombre naranja es muy malo.

BREAKING – Migrants are now breaking down after Donald Trump shut off their illegal immigration app, CBP One.

Do you feel bad?

pic.twitter.com/julnkbMsfM

— Right Angle News Network (@Rightanglenews) January 20, 2025

Media never remembers to check with Americans, who, it turns out, were pissed off enough at being lied to and manipulated. They finally put their collective foot down and yanked that lever for ‘ no more.’

Democrats are so evil they created an app for foreigners to pillage your country.

Now is not the time for unity. Now is time for a reckoning.

We cannot survive if this happens every time a Democrat is elected.

Punishment must start now. https://t.co/oGAbqCn6El

— Jesse Kelly (@JesseKellyDC) January 20, 2025

I believe Americans, whatever and however much weeping, will be relieved this is happening immediately.

The El Paso border crossing has been secured just moments after President Trump was sworn in.

Video: @KFOX14 pic.twitter.com/xiaqDXdFW1

— Salem News Channel (@WatchSalemNews) January 20, 2025

Independent CNBC stories are a totally different tenor than the inauguration play-by-play.

Shoot, yeah – they even quote a billionaire who uses my ‘giddy‘ to describe what business feels like!

Stanley Druckenmiller says ‘animal spirits’ are back in markets because of Trump with CEOs ‘giddy’

Billionaire investor Stanley Druckenmiller believes Donald Trump’s re-election renewed a jolt of speculative enthusiasm in the markets and surging optimism within businesses.

“I’ve been doing this for 49 years, and we’re probably going from the most anti-business administration to the opposite,” Druckenmiller said on CNBC Monday. “We do a lot of talking to CEOs and companies on the ground. And I’d say CEOs are somewhere between relieved and giddy. So we’re a believer in animal spirits.”

While the notable investor, who now runs Duquesne Family Office, is bullish on the economy in the near-term, he remains somewhat cautious on the stock market because of elevated bond yields. He revealed that he is holding onto his short against Treasurys, effectively betting that bond prices will fall and yields will rise.

The market was closed for the Martin Luther King holiday, but Dow futures were up on the inauguration being completed successfully – done deal.

Interestingly enough, there’s also a note that my favorite group of eat-the-bug bazillionaire Malthusians are poised to gather once again for their WEF conclave in Davos this week. But it seems it’s not the hot ticket it was.

Is interest naturally waning, or is it the same public and fiduciary pressure that’s causing banks and investment funds – who are many Davos’ most glittering attendees – to remove themselves from ESG and financial climate cabals?

Supposedly, Trump will address the gathering by video link on Thursday. That should be an interesting little chat.

But they are going to be bereft of the majority of the most devoted climate cult heads of state who usually make up the WEF’s legitimacy factor and carry out the puppetmasters’ edict when the private planes and helos leave.

Only a wounded, chancellor-in-name-only Olaf Scholz will be attending, and, frankly…who cares? He probably wants one more shot at the dinner buffets while he can.

…While Donald Trump, who is being inaugurated as U.S. president on Monday, is expected to address the forum via live video link on Thursday, a number of key leaders will be completely absent from the event.

These include Indian Prime Minister Narendra Modi and Chinese President Xi Jinping, as well as French President Emmanuel Macron, Italy’s leader Giorgia Meloni and British Prime Minister Keir Starmer.

Of the Group of Seven (G7) industrialized nations — which includes the U.S., Europe’s biggest economies, Canada and Japan — the only head of state attending the summit in person is outgoing German Chancellor Olaf Scholz.

 Pretty much sounds like the influential party’s over.

Why do I hear a Monty Python-ish voice in my head, ‘Oooo! Prime minister of Spain – very nice, Very nice! There’s some lovely filth over here, Dennis!‘

…“The leaders of Brazil, of China, of India, who gave the keynote speeches 10 years ago, are not there now. Russia has not been welcomed for some years now, Keir Starmer is not going to be there. Macron’s not going to be there,” Jan Aart Scholte, professor of global transformations and governance challenges at Leiden University, told CNBC Thursday.

“True, the prime minister of Spain is going to be there and there are a couple of others, but the general picture of the heads of state, of government that are there is that it’s not the big players. I think if you went through a list of the G20, it’s going to be a small minority [who are attending],” he said.

Is it the Trump effect again or a combination of that – which, honestly, has to be a factor – and the world turning against the entire WEF vision of world planning?

I think it could well be both.

The wake-up call for these folks will last for quite a while, as, I believe, will our giddy.