Free Republic

I am not a major consumer of financial news. I have a sense of how the economy works, in broad strokes, but as for the specifics of how particular sectors of the economy are doing at any one time, and what is happening at individual companies, I just am not up to speed.In general, I rely, as most people do, on the reporting we get from the media. How else are average people supposed to get information? Pour through the financials of corporations and try to put together a patched-together picture of the whole? Not going to happen.I let others...

Things have been rocky on the economic front since Silicon Valley Bank collapsed on Friday. Known for its focus on ESG and DEI, the demise of SVB marked the second-largest bank collapse in US history. That has faith in the banking system at levels not seen since 2008. It also has the government bailing out millionaires and billionaires again.Isn’t Joe Biden doing such a great job?But I digress, there’s another man who has found himself at the center of discussions in the midst of all the chaos. That would be Jim Cramer of CNBC. The “Mad Money” host has a...

Betting against the stocks that CNBC host Jim Cramer promotes appears to be a surefire way to make a fortune in the current stock market. Cramer dumped a new load of bad stock advice during the fallout from the Silicon Valley Bank (SVB) collapse. He tweeted March 10 that “[First Republic Bank (FRC)] is new focus... very good bank.” However — just three days after Cramer’s tweet — FRC’s stock value took a 65 percent nosedive during premarket trading on Monday morning after declining 33 percent the prior week, according to CNBC. Cramer just can’t seem to catch a break...

SVB CEO and President Gregory Becker sold over 12,000 shares for $3,578,652.31 on February 26, while CFO Beck sold $575,180 in stocks in a separate transaction on the same day. Ahead of the collapse of the Silicon Valley Bank (SVB), many of the company’s top executives sold their shares worth $4.5 million in the company. The bank’s Chief Executive Officer Gregory Becker, Chief Financial Officer Daniel Beck, and Chief Marketing Officer Michelle Draper sold their shares of the bank’s parent company SVB Financial Group. While CEO and President Becker sold over 12,000 shares for $3,578,652.31 on February 26, CFO Beck...

CNBC analyst Jim Cramer is once again being pilloried on social media after a clip resurfaced showing the “Mad Money” host recommending viewers buy shares of Silicon Valley Bank’s parent company, which owns the tech-driven commercial lender that swiftly collapsed on Friday. “The ninth-best performer to date has been SVB Financial (the bank’s parent company). Don’t yawn,” Cramer told viewers during a Feb. 8 episode of “Mad Money.” Cramer listed SVB Financial among his “biggest winners of 2023 … so far” alongside blue-chip stocks such as Meta, Tesla, Warner Bros. Discovery, and Norwegian Cruise Line. “This company is a merchant...

Yet another of CNBC host Jim Cramer’s hot stock market takes just fell harder than President Joe Biden stumbling up the steps of Air Force One. Cramer listed his top ten biggest stock “winners of 2023” during the Feb. 8 edition of CNBC’s Mad Money. In the ninth spot for Cramer was Silicon Valley Bank’s parent company, SVB Financial Group. Cramer characterized the institution as a “merchant bank with a deposit base that Wall Street has mistakenly been concerned about.” In Cramer’s ludicrous view, the stock was a good buy because “being a banker to these immense pools of capital...

VIDEO Give Jim Cramer credit. His investment advice is almost infallible... You can't lose as long as you do the OPPOSITE of what he says.

CNBC’s Jim Cramer on Monday said that it’s time to acknowledge that his group of Big Tech FANG companies are no longer market leaders. The acronym, which was first coined by Cramer, stands for Facebook parent Meta Platforms, Amazon, Netflix and Google parent Alphabet.

VIDEOJim Cramer cried on TV because he shilled Meta stock which has been plunging. This brought a reply from Johnny Ray from the other side of the Metaverse.

Jim Cramer appeared to choke up during Thursday’s broadcast of CNBC’s “Squawk on the Street” as the investor apologized to viewers for previously recommending they buy shares of Meta — which tumbled to their lowest levels in six years. “Let me say this,” a somber Cramer told the CNBC co-panelists in a clip that went viral on Twitter, addressing a Thursday rout in Meta shares that sent them plunging 25% in a single trading session. “I made a mistake here,” Cramer said, his voice halting and trembling as he spoke. “I was wrong.”

by Jim Clayborn | RNNMETA-Facebook shares were down more than 24% Thursday on a weak Q4 forecast and earnings collapse.“Meta Platforms Inc. shareholders are paying dearly for its spending on the metaverse: The Facebook parent’s market value has collapsed by a whopping $677 billion this year, forcing it out from the ranks of the world’s 20 largest companies.” Bloomberg News reported Thursday morning.Mark Zuckerberg’s fortune took a huge hit.“Mark Zuckerberg’s fortune plunged by $11 billion after his Meta Platforms Inc. reported a second-straight quarter of disappointing earnings, bringing his total wealth loss to more than $100 billion in just 13...

Why did CNBC’s Jim Cramer think it was a good idea to sycophantically praise the Federal Reserve’s inflation-reduction measures the day before the release of an awful inflation report? Cramer hoodwinked viewers during the Sept. 12 edition of Squawk on the Street: “I know we’re worried about the Fed, but before we worry about the Fed like [BGC Partners Inc. CEO Howard] Lutnick would have had in the previous segment, they may be winning! I mean, tomorrow, CPI, they may be winning! Why do we presume that it has to go up, up and up …when its entirely possible that...

VIDEO2022 had a negative GDP in its first quarter and now that the second quarter GDP report is coming out in a few days, liberals suddenly want to change the definition of recession from how it has traditionally been defined.

VIDEOWatch Jim Cramer predict that we reached peak inflation last October. But wait! You can also watch Jim Cramer predict that we reached peak inflation last November. In fact, you can watch Jim Cramer also predict peak inflation each and every month since then. Why? Because he is the self-proclaimed "Stock Whisperer" who can't be wrong... except when he is.

VIDEO There is nothing funny about inflation. However, the reactions to June's CPI rise to 9.1% can be very funny. Here are a couple of those funny reactions. One from Jim Cramer the self-proclaimed "Stock Whisperer" who is always good for laughs and the other from financial analyst Kevin who goes into shock when he first sees the new inflation rate while livestreaming from a German beach.

One doesn’t want to make much out of a triple-vaccinated COVID scold getting the virus. It could happen to the any of us. However, it also happens to Jim Cramer. Cramer, who screams about “best of breed” stocks on his CNBC show, isn’t the “best of” anything — aside from dispensing bad advice. The stock-picker is infamous for his sanguine predictions about Bear Stearns in the run-up to the 2008 financial crisis, although his suggestion that the military get involved in enforcing a vaccine mandate was arguably worse. Mind you, de facto martial law isn’t the only heinous idea being...

CNBC’s Jim Cramer said Monday he’s tested positive for Covid and isolating at home with a mild case. “I have Covid. I came down with Covid on Thursday night,” Cramer said on “Squawk on the Street.” He added he’s been triple vaccinated: two shots of Moderna and a Moderna booster. “I know exactly how I got it,” he said. “I was at an event where you had to have PCR [tests].” “I got it that night from someone who was tested that day,” he said. “The problem is it works so fast. You can’t stop it. Cramer said his wife...

CNBC “Mad Money” host Jim Cramer has taken his personal vaccine mandate zeal a step further by declaring to his audience that “the government has a right to force you to obey.” Cramer made the statement on Twitter: government has a right to force you to obey and has always exercised it especially under GOP — Jim Cramer (@jimcramer) December 15, 2021 The host previously called for the U.S. military to forcibly inoculate the American people with the COVID injection. “Until the federal government gets serious and starts requiring vaccinations nationwide, you better get used to more Covid variant freakouts...

CNBC’s Jim Kramer bizarrely touted the current state of the US economy as “the strongest economy” he has ever seen. This claim was made despite high inflation and high gas prices. It just happened to come after the Biden Administration met with news outlets about their economic coverage. Tucker Carlson responded to this on his Fox News show. Tucker played a clip of Jim Kramer from 2008 telling Americans not to take money out of Bear Sterns. This was a few days before it collapsed. Tucker continued to blast Kramer. “In a normal country, with a functioning meritocracy, anyone who...

CNBC host Jim Cramer went on an unhinged rant against unvaccinated Americans and called for the federal government to impose a national COVID-19 vaccine mandate enforced by the U.S. military. Cramer took precious airtime during the Nov. 29 edition of CNBC’s Mad Money to express his fury at Americans who won’t get the jab: “It's time to admit that we have to go to war against COVID.” Then came Cramer’s dip into absurdity: “Require vaccination universally. Have the military run it. If you don't want to get vaccinated, you better be ready to prove your conscientious objector status in court.”...