Two weeks and two rate cuts later, CNBC "Mad Money" host Jim Cramer has a revived faith in the U.S. stock market.
On January 18, Cramer appeared on MSNBC's "Hardball with Chris Matthews" and warned if the government didn't intervene and prevent the failure of two large insurance companies, Ambac and MBIA, the Dow Jones Industrial Average would drop 2,000 points in the upcoming weeks. Cramer isn't talking about that sort of collapse anymore.
"For months I was worried about [MBIA CFO] Chuck Chaplin and MBIA (NYSE:MBI) and ABK [Ambac Financial Group, Inc.] (NYSE:ABK)," Cramer said on the January 31 "Street Signs." "Everyone's worried about it now? Why should I be worried about it? When you have a problem on your hands and everyone's worried knows about it, [New York State Superintendent of Insurance] Eric Dinallo to [President of the Federal Reserve Bank of New York] Tim Geithner, it's done. It's done."
CNBC "Street Sweetie" Erin Burnett revealed what some might have suspected about "Mad Money" host Jim Cramer all along.
"[H]e's crazy - certifiably," Burnett said on the January 18 "Late Night with Conan O'Brien."
Of course, Cramer is a regular on NBC's "Today" and "Nightly News" as an expert on the economy. On December 19, Cramer appeared on "Today" and was very critical of Fed Chairman Ben Bernanke for not cutting interest rates more than a quarter point. In another "Today" appearance on January 17, he declared the economy was in a recession, a 180-degree change from his comments earlier in the month when he declared "sunny skies" were ahead for the economy.
CNBC “Mad Money” host, resident ranter and stock-picker extraordinaire Jim Cramer can now add “media critic” to his list of duties.
Over the past six months, Cramer has become a YouTube sensation for taking shots at Federal Reserve Chairman Ben Bernanke, including his infamous “They know nothing” rant on CNBC’s August 3 “Street Signs.”
Today Cramer used his “Stop Trading” segment on CNBC’s “Street Signs” to blast Bernanke some more and accused some in the media of kissing up to Bernanke for the “big interview.”
“I guess I should just kiss up and get the big interview with Ben like everybody else wants,” Cramer said to “Street Signs” fill-in host Melissa Lee. “Sorry, I could care less.”
Cramer obviously wasn't impressed with Bernanke's comments yesterday where he said the Federal Reserve stood ready "to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks."
We have seen Chris Matthews drool over her on live television but he might have second thoughts after reading the extensive shopping list of CNBC's Street Signs anchor, Erin Burnett. Her expensive list of things she wants from suitors was published in Men's Health as 8 Ways to Impress Me. None of the ways in which one can impress Erin has anything to do with personality. It all comes down to spending big bucks on Erin as you can see from her list:
1. Pack Your BagsAny guy who can plan a trip to an exotic locale, such as Mongolia, Mozambique, or Papua New Guinea, would impress me.2. Buy Me a New Atlas and GlobeYou could unlock my heart by allowing me to dream up my next trip. I love to travel, and hope to eventually set foot in 100 countries. I have many more to go.3. Do Something Special for My ParentsFamily is important to me, so round-trip business-class tickets to Australia and New Zealand for my parents would earn you big points in my book.
CNBC's ticking time bomb Jim "Mad Money" Cramer lashed out at the Federal Reserve again on January 2 for not cutting interest rates. This time he suggesting the Fed was intentionally doling out punishment to reckless investors.
So, GDP grew at 4.9 percent - the highest growth in four years.
The media have been riding every ebb and flow of the stock market trying to determine what it indicates for the U.S. economy.
One day after calling New York State Attorney General Andrew Cuomo a communist, CNBC “Mad Money” host Jim Cramer appeared on the November 8 “Today” with another attack.
“No, he's not doing his job,” Cramer said to host Meredith Vieira, in his usual animated, over-the-top manner. “This is
Cramer went after Cuomo on the November 7 CNBC “Street Signs,” where he called the attorney general a “communist” because of his crusade against some mortgage lenders.
See the YouTube video after the break.
Leave it to resident CNBC loose cannon Jim Cramer to take it upon himself to call a spade a spade or a red a red.
Cramer, host of the CNBC’s “Mad Money” called liberal Democratic New York State Attorney General Andrew Cuomo as “communist” on CNBC’s November 7 “Street Signs.”
“[W]itness the fact that right now, the most important man in
See YouTube video below.
It was only a matter of time before someone on CNBC took a shot at Fox Business Network and it came from CNBC’s resident loose cannon, “Mad Money” host Jim Cramer. (Video of the incident is available here.)
“I had the choice of watching a rival business channel or getting a root canal,” Cramer said on CNBC’s October 15 “Street Signs” “And I chose the root canal.”
Hillary could have saved CNBC “Street Signs” viewers about 10 minutes of their lives by just saying “Trust me,” when CNBC Washington correspondent John Harwood pressed her on economic issues.