"[Jim] Cramer is a buffoon," said [Nouriel] 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."Both of these gentlemen are correct.
Cramer recently wrote in a blog that Roubini is "intoxicated" with his own "prescience and vision" and said Roubini should realize that things are better since the stock market's recent bottom in early March. The Standard & Poor's 500 index has rallied 17 percent since then.
Anyone remember Elaine Garzarelli? How about Joe Granville?