Hey Media, Another ‘V-Shaped Recovery’ Occurs in Housing Market
August 21st, 2020 4:08 PM
Media-types like CNBC’s Jim Cramer aren't buying the “V-Shaped Recovery," but recent news in the housing market continues to support that perspective.
CNBC’s Jim Cramer: President Trump Is ‘Great for the Stock Market’
February 6th, 2020 10:09 AM
Forget the liberal media’s scrambling to throw cold water on President Donald Trump’s State of the Union Address. CNBC host of Mad Money Jim Cramer gave high praise for Trump’s economy, a major focus of the president’s speech Tuesday.
CNBC’s Jim Cramer: November Jobs Report Has ‘Best Number in My Life!'
December 7th, 2019 11:47 PM
The Democrats in Congress are rolling ahead to vote on articles of impeachment against President Trump, but it's hard to ignore that the nation’s economy is roaring to the best numbers seen since 1969, according to the November jobs report released on Friday. CNBC host Jim Cramer responded to the good news by admitting that liberal “people don’t want to say good things” even though the new Labor…
Jim Cramer Criticizes MSM for Hyping Strong Xi Jingping Hand on Trade
November 29th, 2019 7:18 AM
For months the mainstream media has been portraying China's President Xi Jingping as having a much stronger hand than a supposedly weaker President Trump in the current trade war. However, CNBC's Jim Cramer wasn't buying that at all on Monday's Squawk Box. In fact he was very critical of the American press for the way they have been reporting this situation even going so far as to say that…
CNBC's Jim Cramer: 'The Only People Talking About a Recession Are Us'
September 8th, 2019 7:28 PM
Have you noticed all the talk recently by the mainstream media about a recession? Of course, many members of the MSM can barely contain their glee at the prospect of an economic downturn hurting President Trump's prospects in the election next year. Well, Jim Cramer on Thursday's Squawk Box told host Joe Kernen that the only people talking about such a recession are "us," meaning members of the…
Networks Panic about ‘Recession’ Signal, Then Ignore When It Reverses
August 20th, 2019 11:40 AM
In just three nights of coverage, ABC, CBS and NBC evening newscasts spent more than 11 minutes talking about the threat of recession and economic worries mostly tied to one economic signal. The main reason for concern was that the yield on a particular short-term versus long-term Treasury bond inverted (generally long-term bonds have higher yields) and spooked investors on Aug. 14. This sent the…
Jim Cramer Tells Media to ‘Dial Back the Hysteria’ on Economy
August 15th, 2019 12:23 PM
Appearing on NBC’s Today show Thursday morning, CNBC Mad Money host Jim Cramer was the voice of calm, telling his colleagues to “dial back the hysteria” over the economy and reassuring viewers that “the markets are up huge.” He called out those in the press, including NBC, that were “sowing panic” about the possibility of a future recession.
Jim Cramer: Talking Heads Fail to Understand China Trade War
May 18th, 2019 10:22 PM
We are currently hearing a lot of doom and gloom about the trade war with China from the media talking heads, particularly on MSNBC and CNN. Their big claim is that President Donald Trump has put the United States at a disadvantage by raising tariffs on Chinese goods in an effort to get China to lower their tariffs and other barriers on American exports to that country. However, CNBC's Jim Cramer…
CNBC’s Jim Cramer Challenges Sen. Warren Over Wealth Tax
February 1st, 2019 3:36 PM
Sen. Elizabeth Warren, D-Mass., defended her call for an “ultra-millionaires” annual wealth tax as “how the system is supposed to operate,” and “part of the social contract” of America in a CNBC interview. Wait, since when did wealth redistribution and punishing the wealthiest by instituting a new tax to take $2.75 trillion away from them for what they’ve accumulated become part of the “social…
Blockbuster 312K Jobs ‘Good for the Economy,’ ‘Working People’
January 4th, 2019 11:06 AM
The December jobs report crushed expectations on Jan. 4, with 312,000 jobs added, a strong participation rate, wage gains and two months of upward revisions. That was 136,000 jobs more than expected.
CNBC’s Jim Cramer Boosts Warren’s ‘Novel’ Business Regulations
August 16th, 2018 3:28 PM
Far-left Democratic Sen. Elizabeth Warren has a new plan to regulate the largest businesses and some in the media helped promote it. She published a Wall Street Journal op-ed about her new legislation, the “Accountable Capitalism Act,” on Aug. 14. The very next day, Mad Money host Jim Cramer interviewed Warren about her “Novel way to reward the stakeholders of the enterprise.” He also called the…
Hey, Journalists: Another ‘Blowout’ Jobs Report
April 5th, 2017 3:06 PM
Good things come in threes. This is the third month in a row for a strong jobs report. The question is: Will journalists continue to ignore the good economic news under President Donald Trump? The stock market surged April 5, after news of what CNBC Senior Economics Reporter Steve Liesman called “another blowout” jobs report from the ADP private payroll. According to the report, the private…
CNBC Moderators' Speech Patterns Grade At or Below GOP Candidates'
October 30th, 2015 9:34 PM
People in glass houses shouldn't throw stones. And people who ridicule the level of others' speech patterns should check theirs first. CNBC didn't do that. Instead, on Thursday, as I noted in a previous NewsBusters post, it childishly rushed out a grade-level evaluation of the Republican presidential candidates' speech patterns during the first three debates, including the Wednesday train wreck…
Liberal Media Differ from CNBC on Diagnosis of Pharma ‘Price Gouger’
September 23rd, 2015 2:25 PM
The left is up in arms over the pharmaceutical CEO who raised prices for a drug mostly used by AIDS patients by more than 5,000 percent, but experts CNBC interviewed said regulatory barriers helped make it possible. Founder and CEO of Turing Pharmaceutical, Martin Shkreli bought the generic drug Daraprim, which is used for parasitic infections in pregnant women and immunocompromised…