Rick Santelli, the longtime CNBC economic-indicators analyst whose plain-spoken but passionate takes on the effects of federal policy on average Americans boosted his profile at the business-news outlet, plans to retire from the Versant Media-backed network on October 2.
\n\nSantelli’s decision was revealed to CNBC staffers Thursday, but announced on air Friday during a segment on CNBC’s “Squawk Box.”
\n\nSantelli has been with CNBC since 1999, primarily holding forth from the Chicago Board of Trade, where he would analyze regular federal economic statistics. On Friday, CNBC anchors Becky Quick and Steve Liesman noted that Santelli’s analysis of monthly jobs reports and other key benchmarks would be missed by the network.
\n\nSantelli had hard-won experience with trading. Before joining CNBC, he worked for a handful of financial firms, and understood options and futures — financial disciplines not well understood by average retail investors. He also had an early job as an order-filler at the Chicago Mercantile Exchange in markets that included including gold, lumber, T-bills, foreign currencies and livestock.
\n\nHe could display a flinty demeanor on screen, and, as he grew to be more of a regular presence on the network, did not shy away from squabbles with Liesman or “Squawk…
Original source: https://variety.com/v/tv/