It’s the final countdown… Oh, sorry. Jim Cramer appeared on The Daily Show last night to settle the war of words between The Daily Show and CNBC that had been going on since Rick “You Are All Losers” Santelli canceled. Did it get nasty? You bet your ass it did, though we were looking forward to a bout of Jello wrestling that never quite materialized.
In a not-so-shocking analysis of one of the most-watched TV investment advisers, author Eric Tyson argues that Jim Cramer’s actual stock-picking performance doesn’t match the strength of his bellowing.
Yesterday, Jim Cramer annoyed Ann Curry by saying the following words on her little television program, which is known as The Today Show: “Ok, whatever money you may need for the next five years, please, take it out of the stock market. Right now. This week. I do not believe that you should risk those assets in the stock market.”
Jim Cramer, host of CNBC’s Mad Money is now something of a laughingstock, after telling viewers on March 11th not to “move” their “money” from Bear Stearns.