I no longer watch CNBC, because it is boring.
Jim Cramer is boring.
He is so 2005 or so 2000.
So I found Macke to be fun to watch.
And now he is leaving.
Is he leaving, because he does not want to be talking bull talk in a frothy and risky market?
Perhaps, because he says:
"If you include the Nasdaq in the financial crisis mix you could argue it cost the government between $14 and $20 trillion getting our stock markets to record highs for that shining moment on Monday. Not since the Brits spent 30 years and at least 1tenhuman lives getting Tenzig Norgay and Sir Edmund Hillary to the top of Everest for 15 minutes has so much effort been put into such an oddly ceremonial accomplishment. Yesterday Nepal threatened to limit access to the mountain unless something was done about the overflowing trash and human excrement coating the slopes. Hopefully a more glorious fate awaits U.S. investors."
But I do not know him personally so I do not know his motivations.
And perhaps not as I never have seen him say anything to people telling them to be cautious.
I do not know.
So all I can do is wish him luck.
I'm sure we will hear back from him someday....
Happy trails Macke!
But I will say that if he is getting out of the video bull talking game now then he has proven himself superior than 2000 James Cramer, or 2007 James Cramer, or 2015 James Cramer for that matter too.... because when this market goes into a bear market it will be hell on earth for US stock market investors.