No comment.
- DTCC Posts 6-Month Market Activity Snapshot on CDS Market
- Default in Today’s Advanced Economies: Unnecessary, Undesirable, and Unlikely
- The Impact of Banks’ Cumulative Reserve Position on Federal Funds Rate Behavior
- A Wolf in Sheep’s Clothing
- TBA Trading and Liquidity in the Agency MBS Market
- Impact of High and Growing Government Debt on Economic Growth
- Financial Amplification of Foreign Exchange Risk Premia
- The Central-Bank Balance Sheet as an Instrument of Monetary Policy
- Exorbitant Privilege and Exorbitant Duty
- The Information Value of the Stress Test and Bank Opacity
- Price of Risk—Recent Evidence from Large Financials
- Shadow Banking
- Summer Doldrums
- Credit Default Swaps: What Are the Social Benefits and Costs?
- The International Role of the Euro
- Chronicle of Currency Collapses: Re-Examining the Effects on Output
- The Paradox of Toil
- Links
- What the Fed Did and Why
- Markets and Government Before, During and After the 2007-20xx Crisis
- Detecting and Interpreting Financial Stress in the Euro Area
- Are We Building the Foundations for the Next Crisis Already? The Case of Central Clearing
- Links
- Links
- OIS Discounting
- Multimarket Trading and the Cost of Debt: Evidence from Global Bonds
- Is Economics Coursework, or Majoring in Economics, Associated with Different Civic Behaviors?
- China’s High Saving Rate: Myth and Reality
- Oil Spill
- Eurozone €440 Bln SPV Aid Fund
- ECB Financial Accounts and ECB Financial Strength
- Central Bank Swap Networks
- DTCC Posts CDS Market Activity Snapshot
- ECB: Financial Stability Review (June 2010)
- Global CDO Issuance by Transaction Structure
- Links
- TBAC Minutes: Sovereign CDS and Swap Spreads
- Goldman Sachs Underwriting Market Shares in Subprime RMBS and CDOs
- Abacus for Dummies
- The World’s Safest and Riskiest Sovereign Debt (Update)
- Increased Sovereign Risk Behind Negative Swap Spreads
- Haircuts
- Markets, Religion, Community Size, and the Evolution of Fairness and Punishment
- Beyond the Dollar: Rethinking the International Monetary System
- Links
- Amazing Discovery
- ABCP Outstanding: Still Crashing
- Greek Government Bond Market
- Links
- Sterling Today
i think he’s just afraid that these guys will be directing policy (maybe with the assumption that the feds listen to the media)
Exactly, the market will go where it wants to go, pundits are just noise-makers.
Cramer should know that bearish pundits don’t keep the market down just as bullish pundits can’t keep it up. While its somewhat pointless to dwell on the fact that we’re in a recession/depression these guys aren’t “ruining the economy” they are just the flavor of the week.
“Cramer’s advice: Get rid of smart people who know things.”
Actually his advice is: for heaven’s sake don’t let egg heads trade securities or have anything to do with trading securities. they can’t be modeled so stop pretending that they can be.
Simply stunning.
Cramer’s advice: Get rid of smart people who know things.
It’s back to the Bush days: education is evil; stupidity, “gut” feelings are how you want to run things
God help us.
Please, please, never post another video of this clown again. What a clown.
“Maybe we should stop listening to all these PhDs” ??
Who has been more right than Roubini!
From time to time, he does have a point. In the summer of 2007, he was way ahead of the curve, he saw the troubles coming right after the crash of the bear stearns hedge funds and long before B.B. did. But the style…well, turns me off.
i wouldn’t trust an academic to watch my kids.
As much as I can’t usually stand Cramer, he does have a point
This rant comes just three days after Cramer sat next to Rahm Emanuel at the White House Correspondence dinner. It looks more and more like a confidence game.
This guy is a farce.