Jim Cramer
Media's Volatile Coverage of Stock Market: 'Armageddon' or 'The Sky's
August 15th, 2007 5:52 PM
As the stock market went up and down over the past few weeks, media coverage also bounced from end-of-the-world rhetoric to rational analysis.CNBC’s Jim Cramer went on an impassioned rant August 6 calling for the Fed to reduce interest rates.“Bernanke needs to open the discount window. That is how bad things are out there … in the fixed income markets we have Armageddon,” said Cramer on “Stop…
Day 1 after Jim Cramer’s Friday ‘Armageddon' Call: Markets Up, Bon
August 6th, 2007 4:31 PM
The lesson from this post isn't bias as much as it is making sure not to get taken in by Old Media overreactions. Jim Cramer of CNBC's "Mad Money" went mad on Friday, declaring Armageddon in this video rant on Friday (watch the whole thing to see just how out-of-control he was; his declaration is at 1:40 in the vid -- "in the fixed-income markets, we have Armageddon."). The first trading day…