http://www.thestreet.com/story/10668173/1/cramer-state-of-the-union-is-a-minefield.html I know not many put any stock into what Cramer says, but it sounds like even Cramer is letting his bearish side show more and more these days. Not very optimistic on the markets after the big speech. Bearish on Obama.
cramer is pissed at obama because he made a call that the market would skyrocket after the mass election. it tanked instead making cramer look like a fool so he is trying to deflect the blame. like anyone with any market sense shouldnt have been expecting this selloff after a 70% straight up shot.
You could be right. Cramer also used to work at GS, and with GS in the hedge fund days, and likely still has ties there of some sort. I'm sure he's not a fan of Obama's plans in that area either. As for expecting a selloff - most expected a sell off but few can/did get the timing right. I don't think it's fair to say he should have seen this coming.