Inside Cable News

July 5, 2005

Bubble? What Bubble?

Howard Kurtz in the Washington Post writes up today on all the stories going on about a Housing Bubble that is supposedly going to burst any day now…

CNBC anchor Ron Insana, who has a less rosy view, says he is drawing the same kind of criticism for “spoiling the party” as he did before the Nasdaq nose dive in 2000: “You get hate mail: ‘When are you getting off this topic? You want prices to go down?’ There are going to be some huge blowups. Someone’s going to get killed somewhere. It’s totally irresponsible to ignore the speculative behavior that’s going on.”

Filed under: Cable News - Spud

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