It's the iconic battle of our economic era: The guy who always says everything is getting worse, and the guy who tells you to buy everything every time the market ticks up, until you lose all your money. A regular WWIII of the markets! Or maybe it's just two jerks who can't shut up? You decide!
"Cramer is a buffoon," said Roubini, a New York University economics professor often called Dr. Doom. "He was one of those who called six times in a row for this bear market rally to be a bull market rally and he got it wrong. And after all this mess and Jon Stewart he should just shut up because he has no shame."...
"He's not a credible analyst. Every time it was a bear market rally he said it was the beginning of a bull and he got it wrong," Roubini said in an interview with The Associated Press.
Rather accurate! Cramer wrote a blog post saying "Roubini is 'intoxicated' with his own 'prescience and vision' and said Roubini should realize that things are better since the stock market bottom in March." Unfortunately, Jim Cramer is always wrong about everything.