Honor thy elders, many were more of a badass than we could ever be.
This says it all about CNBC.
Given CNBC’s categorically bullish outlook on all assets from stocks, to bonds to bitcoin, it’s hardly surprising that Gundlach’s take didn’t sit well with “Mad Money” host Jim Cramer, who mocked Gundlach for his accurate calls on stocks and bonds, saying during a morning appearance on CNBC yesterday that Gundlach should “stick to bonds.”
It’s not simply insulting Gundlach.
It goes much deeper.
It’s about insulting the market and it’s bulls.
CIGA Wolfgang Rech
Jim Cramer Apologizes To Jeff Gundlach After ‘Bond King’ Boycotts CNBC
December 21, 2018
Doubleline Capital’s Jeff Gundlach raised a few eyebrows last night when he tweeted seemingly out of nowhere that his appearances on CNBC were now a “thing of the past” and that he would be taking his revered market commentary to Fox Business in the future.
So sad that appearances on CNBC are now a thing of the past. It was great while it lasted. Blame it on Cramer. We’ll be on Fox Business.
— Jeffrey Gundlach (@TruthGundlach) December 21, 2018