Jim Cramer has an un-blemished record of NEVER being right. Remember he’s the genius who lost 12 million dollars or HIS OWN money before he took a paying job? Then remember he’s the same guy who was yelling for the past two years to buy those long term federal bonds that were paying one percent. Safety , you know. His advice is what sunk SVB.
Now I’m just curious who will buy the big blue SVB sign out front?. I remember it was Steve Jobs who bought the ENRON sign.