Marketwatch columnist Frank Barnako disagrees with fellow columnist Jon Friedman, who wrote last week that CNBC’s Jim Cramer was an embarrassment.
Barnako wrote, “Friedman says ‘shame’ on Cramer for putting some life into Mad Money. Sure, the creator of the Booyah Bear sometimes sounds like a barker on a carnival midway, but who’s he hurting? You’d prefer he slobbers all over some tie-wearing, options-postdating, private-jet flying, stock-hyping, financial results restating CEO?
“At least one analysis shows that over the last year, of you could possibly keep up with Cramer’s recommendations, you’d be up about a percent and a half. In the same period, the Dow’s ahead about 2 percent, NASDAQ is down 4%. Cramer could be making money for you. He is for CNBC.
“Which, by the way, is kind of the point. Recent ratings show his audience at 9pm eastern, in the 25-54 demographic, beats Glenn Beck on Headline News. That’s not too shabby, although the inventive Beck is still getting his TV legs after about six weeks on air.”
Read more here. Details about Friedman’s dislike for Cramer can be found here.
OLD Media Moves
Barnako disagrees with Friedman about Cramer
June 21, 2006
Marketwatch columnist Frank Barnako disagrees with fellow columnist Jon Friedman, who wrote last week that CNBC’s Jim Cramer was an embarrassment.
“At least one analysis shows that over the last year, of you could possibly keep up with Cramer’s recommendations, you’d be up about a percent and a half. In the same period, the Dow’s ahead about 2 percent, NASDAQ is down 4%. Cramer could be making money for you. He is for CNBC.
“Which, by the way, is kind of the point. Recent ratings show his audience at 9pm eastern, in the 25-54 demographic, beats Glenn Beck on Headline News. That’s not too shabby, although the inventive Beck is still getting his TV legs after about six weeks on air.”
Read more here. Details about Friedman’s dislike for Cramer can be found here.
Media News
D CEO launching “Greater Good” publication
July 26, 2024
Media News
NY Post hires Franey to cover Wall Street
July 26, 2024
Media News
Woo moves to Google/Alphabet beat for The Information
July 26, 2024
Full-Time
WSJ seeks a deputy investigations editor for visuals
July 26, 2024
Full-Time
WSJ seeks a senior publishing editor
July 26, 2024
Subscribe to TBN
Receive updates about new stories in the industry daily or weekly.