May was CNBC’s lowest-rated month in total viewers since April 2005, reports Jeff Reeves of InvestorPlace.com.
Reeves writes, “Meanwhile, in case you’re wondering, the S&P 500 is up 37% since 2005 and more than 16% year-to-date.
“And lest you think Fox Business Network was sucking up all those lost viewers, even FBN saw declines year-over-year in many time slots.
“Here are the Nielsen comparisons for this May:
“So in a nutshell, aside from Fox’s boom in prime time, there isn’t much good news in these ratings. Investors are tuning out across the board — with some of CNBC’s lost viewers over the last seven years gone forever.”
Read more here.
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Unless you are a member of the John Birch Society, CNBC has become unwatchable.
If they weren't so full of crap and hotair talkingheads making lousy stocks picks all the time people would probably find them more credible.