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Usually big cities, like London, New York, and so forth is where they take place. The host usually says stuff like, OK, Susan, give me your outlook for the dollar over the next 10 days, Emerging Market impact, YES/NO?

And then Susan will come up with an even more smart sounding answer, like, “You know, Steve, if you look at last month’s YEN numbers, there’s really no reason to believe why we are in for anything less than a complete reversal in terms of Emerging Market Bond sentiment, so, yes, Emerging Market Impact? Yes.”

Then Steve may be getting to the end of the program. OK, as we usually do at the end of the show, one word answers, you first Bob, “European Central Bank rates tantrum number 2 this summer, yes/no?” Bob may say, “uuhh, I’m gonna go with a yes on that one.”

“Tracy?”
“You know Steve…”
“One word! (laughter)”
“OK, uh, No!”
More laughter…
And the ratings go up….
People love these shows I think. When you watch them you feel like you are part of that discussion, and they respect you as a viewer. I don’t know why. Maybe some TV trick…
You have a wonderful day!!!

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