The bear market will not be over until Jim Cramer is fired by CNBC

Tim Knight posted this, he thinks Cramer is a clown. Cramer is worse than that IMO. One of the many reasons CNBC is garbage.

 

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Edited by Chilidawgz, 01 September 2022 - 12:04 PM.

Well...he certainly wasn't fired when he was screaming "BUY, BUY, BUY" on Bear Stearns and Lehman Brothers in 2008.

 

Never quite understood why people who yell "fire" all.the.time are always given a preferred platform of being a "go to" expert.

 

I guess, like politics, being wrong is always rewarded because at least you "tried".

 

Fib

CNBC is garbage

Last time I watched CNBC was at a friend's house when Bitcoin was all over the screen and my friend was urging to buy at $60,000.

 

Even sports bookies don't rely on cheerleaders to pick a football game.

Edited by Rogerdodger, 01 September 2022 - 05:11 PM.

He plays comcast like they are punks. First it was his, action alerrs thing (which I do subscribe too), now he's got this CNBC investors club. he can just do whaever he wants on Comcast's network. They accept all the liability and he rakes in the $$$. (EOM)

My remote goes to work as soon as I see Cramer on TV screen. Can't believe CNBC pays this guy millions every year in salary.

Guess this ain't Cramer...

 

Famed investor sees stock market 'tragedy' when 'superbubble' bursts...

 

 

Grantham, the co-founder of asset management firm GMO in Boston, said the current superbubble is entering its “final act” due to deteriorating economic conditions. A recent “bear market rally” that saw the S&P 500 recoup 58% of its losses from a June low follows the pattern of past stock market crashes in 1929, 1973 and 2000, he added.

“The current superbubble features an unprecedentedly dangerous mix of cross-asset overvaluation (with bonds, housing, and stocks all critically overpriced and now rapidly losing momentum), commodity shock, and Fed hawkishness,” Grantham wrote in a letter to clients dated Wednesday.

 

Edited by Rogerdodger, 01 September 2022 - 07:15 PM.

High housing prices combined with high bond prices (yielding way below inflation) combined with high credit card debt & government debt combined with low unemloyment! It surely looks like super bubble to my 82 year old eyes. May be I need to schedule a visit to the eye doctor.

Do agree about Cramer as he is so reactive!! Couldn't stand his view on covid as we went through it.  Have to give him credit once in awhile on stuff though but that's no different than anyone else.  The channel does have a few guests on that are ok to listen to but overall they are the bullish channel no matter what whereas Fox business is generally more bearish except Charles Payne who does an excellent job on his show I think bringing a balanced view.  Love their music and Varney's trivia question every day lol!!  I learned when I was 15 watching FNN when Sue Herera was really hot that its okay to listen to these guys but don't take anything seriously and never make trading decisions from it lol!!! 

In my humble opinion this guy is the best host interviewer on CNBC or Fox Business:

  

Edited by pdx5, 02 September 2022 - 04:08 PM.