- Howie Town
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- Disruption coming to Financial Networks...
Disruption coming to Financial Networks...
CNBC has lost it’s edge. Check out this great article from the New York Times. You may have to sign up and get spammed, but walls are walls.
Fox has not even launched their competitive site and they will win. BIG.
I don’t make a living trading anymore, never made a good one anyways, but the financial blogosphere offers so much more information that pre 2001 sources. The Street.com, Motley Fool, Raging Bull, CNBC – Dinosaurs. I don’t mean to begrudge the market cap of Cramerville, but let’s just say that site is thin if he walks in front of a bus.
You can get more information and links from Trader Mike, Bill Cara and The Kirk Report, than 5 years of CNBC – and the information is tagged and retrievable on demand!
Google Finance is pretty much useless as a resource tool (from personal experience over the last 6 months) and Yahoo Finanace is good, but old.
Yahoo’s big deal of the year is a partnership with Seeking Alpha , but that’s just a network of loose bloggers joined at the hip for page views. It adds content, but I don’t see the full synergies ever getting worked out. The fame factor will only go so far as a hook for tireless bloggers.
I don’t have the answer, just some pieces in my head, but someone is going to disrupt the whole shebang.
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