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Tom McClellan commented on the decline of CNBC's 'Markets In Turmoil' specials, which had previously marked pivotal market moments.
He noted that CNBC has reduced the frequency of these specials, leading to similar programming being produced by international outlets such as Negocios TV. McClellan referenced a recent 'Black Friday Special' as an example of this shift in market coverage.
McClellan has previously commented on inflation, noting it remains above the Fed’s zero percent mandate required by the Humphrey-Hawkins Act. He has also observed that fund managers delay large trades until regular market sessions for increased liquidity, according to a recent note on trading patterns. These observations come as McClellan continues to track shifts in market behavior and coverage.