Jim Cramer Apologizes To Jeff Gundlach After ‘Bond King’ Boycotts CNBC

Gundlach

Doubleline Capital’s Jeff Gundlach raised a few eyebrows last night when he tweeted seemingly out of nowhere that his appearances on CNBC were now a “thing of the past” and that he would be taking his revered market commentary to Fox Business in the future.

So sad that appearances on CNBC are now a thing of the past. It was great while it lasted. Blame it on Cramer. We’ll be on Fox Business.

— Jeffrey Gundlach (@TruthGundlach) December 21, 2018

This was unquestionably bad news for CNBC. For anybody who doubts just how much influence Gundlach – the reigning ‘bond king’ whose DoubleLine Capital is one of the biggest fixed income firms in the world with more than $150 billion in AUM – has on markets, just look at how markets reacted to Gundlach’s CNBC interview from Monday, when Gundlach dropped a series of “truth bombs” (including declaring that we’re in a “long term bear market for stocks”) that promptly sent US stocks spiraling deeper into the red.

Given CNBC’s categorically bullish outlook on all assets from stocks, to bonds to bitcoin, it’s hardly surprising that Gundlach’s take didn’t sit well with “Mad Money” host Jim Cramer, who mocked Gundlach for his accurate calls on stocks and bonds, saying during a morning appearance on CNBC yesterday that Gundlach should “stick to bonds.”

Gundlach didn’t take too kindly to that, and unsurprisingly given his history (since taking to twitter) of trashing Cramer, apparently, this mocking at the hands of the Cramer was the straw that broke the camel’s back.

Fast forward roughly twelve hours, Cramer called in to the “Halftime Report” with Scott Wapner to deliver an effusive, apropos of nothing, on-air apology, all but begging Gundlach to give CNBC another chance.

Cramer apologizing like crazy to Gundlach on CNBC — “No disrespect” “I feel badly” “I made some mistakes” “I reached out to him directly” @TruthGundlach

— Daisy Maxey (@DaisyMaxey) December 21, 2018

That Cramer, a former hedge fund manager of middling repute, would have the gall to criticize Gundlach (who is in charge of $150 billion) seemed to many like an affront, and like the CNBC host was out of his depth. This prompted some humorous commentary on twitter.

BOW TO GUNDLACH, JIM CRAMER

BOW TO THE $150B IN AUM

BOW TO THE KNOWLEDGE

BOW TO THE PURPLE CORDUROY SUIT pic.twitter.com/eX8sQ74fsr

— Quoth the Raven (@QTRResearch) December 21, 2018

Given that Cramer’s apology sounded more contrived than genuine, we can’t help but wonder: Did the network bigs at CNBC give him the tap on the shoulder? In any event, we now wait to hear from Gundlach about whether he has accepted Cramer’s apology, or if Cramer and his big mouth just lost the network one of its most valued guests.

 

 

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boycotts cnbc [132] => jim cramer apologizes to jeff bundlach after &#8216;bond king&#8217; boycotts cnbc [133] => jim cramer apologizes to jeff hundlach after &#8216;bond king&#8217; boycotts cnbc [134] => jim cramer apologizes to jeff yundlach after &#8216;bond king&#8217; boycotts cnbc [135] => jim cramer apologizes to jeff tundlach after &#8216;bond king&#8217; boycotts cnbc [136] => jim cramer apologizes to jeff gyndlach after &#8216;bond king&#8217; boycotts cnbc [137] => jim cramer apologizes to jeff ghndlach after &#8216;bond king&#8217; boycotts cnbc [138] => jim cramer apologizes to jeff gjndlach after &#8216;bond king&#8217; boycotts cnbc [139] => jim cramer apologizes to jeff gindlach after &#8216;bond king&#8217; boycotts cnbc [140] => jim cramer apologizes to jeff g8ndlach after &#8216;bond king&#8217; boycotts cnbc [141] => jim cramer apologizes to jeff g7ndlach after &#8216;bond king&#8217; boycotts cnbc [142] => jim cramer apologizes to jeff gubdlach after &#8216;bond king&#8217; 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boycotts cnbc [187] => jim cramer apologizes to jeff gundlach aftdr &#8216;bond king&#8217; boycotts cnbc [188] => jim cramer apologizes to jeff gundlach aftrr &#8216;bond king&#8217; boycotts cnbc [189] => jim cramer apologizes to jeff gundlach aft4r &#8216;bond king&#8217; boycotts cnbc [190] => jim cramer apologizes to jeff gundlach aft3r &#8216;bond king&#8217; boycotts cnbc [191] => jim cramer apologizes to jeff gundlach aftee &#8216;bond king&#8217; boycotts cnbc [192] => jim cramer apologizes to jeff gundlach afted &#8216;bond king&#8217; boycotts cnbc [193] => jim cramer apologizes to jeff gundlach aftef &#8216;bond king&#8217; boycotts cnbc [194] => jim cramer apologizes to jeff gundlach aftet &#8216;bond king&#8217; boycotts cnbc [195] => jim cramer apologizes to jeff gundlach afte5 &#8216;bond king&#8217; boycotts cnbc [196] => jim cramer apologizes to jeff gundlach afte4 &#8216;bond king&#8217; boycotts cnbc [197] => jim cramer apologizes to jeff gundlach after &#7216;bond king&#8217; boycotts cnbc [198] => jim cramer apologizes to jeff gundlach after &#u216;bond king&#8217; boycotts cnbc [199] => jim cramer apologizes to jeff gundlach after &#i216;bond king&#8217; boycotts cnbc [200] => jim cramer apologizes to jeff gundlach after &#9216;bond king&#8217; boycotts cnbc [201] => jim cramer apologizes to jeff gundlach after &#8116;bond king&#8217; boycotts cnbc [202] => jim cramer apologizes to jeff gundlach after &#8q16;bond king&#8217; boycotts cnbc [203] => jim cramer apologizes to jeff gundlach after &#8w16;bond king&#8217; boycotts cnbc [204] => jim cramer apologizes to jeff gundlach after &#8316;bond king&#8217; boycotts cnbc [205] => jim cramer apologizes to jeff gundlach after &#8226;bond king&#8217; boycotts cnbc [206] => jim cramer apologizes to jeff gundlach after &#82q6;bond king&#8217; boycotts cnbc [207] => jim cramer apologizes to jeff gundlach after &#8215;bond king&#8217; boycotts cnbc [208] => jim cramer apologizes to jeff gundlach after &#821t;bond king&#8217; boycotts cnbc [209] => jim cramer apologizes to jeff gundlach after &#821y;bond king&#8217; boycotts cnbc [210] => jim cramer apologizes to jeff gundlach after &#8217;bond king&#8217; boycotts cnbc [211] => jim cramer apologizes to jeff gundlach after &#8216;vond king&#8217; boycotts cnbc [212] => jim cramer apologizes to jeff gundlach after &#8216;nond king&#8217; boycotts cnbc [213] => jim cramer apologizes to jeff gundlach after &#8216;hond king&#8217; boycotts cnbc [214] => jim cramer apologizes to jeff gundlach after &#8216;gond king&#8217; boycotts cnbc [215] => jim cramer apologizes to jeff gundlach after &#8216;bind king&#8217; boycotts cnbc [216] => jim cramer apologizes to jeff gundlach after &#8216;bknd king&#8217; boycotts cnbc [217] => jim cramer apologizes to jeff gundlach after &#8216;blnd king&#8217; boycotts cnbc [218] => jim cramer apologizes to jeff gundlach after &#8216;bpnd king&#8217; boycotts cnbc [219] => jim cramer apologizes to jeff gundlach after &#8216;b0nd king&#8217; boycotts cnbc [220] => jim cramer apologizes to jeff gundlach after &#8216;b9nd king&#8217; boycotts cnbc [221] => jim cramer apologizes to jeff gundlach after &#8216;bobd king&#8217; boycotts cnbc [222] => jim cramer apologizes to jeff gundlach after &#8216;bomd king&#8217; boycotts cnbc [223] => jim cramer apologizes to jeff gundlach after &#8216;bojd king&#8217; boycotts cnbc [224] => jim cramer apologizes to jeff gundlach after &#8216;bohd king&#8217; boycotts cnbc [225] => jim cramer apologizes to jeff gundlach after &#8216;bons king&#8217; boycotts cnbc [226] => jim cramer apologizes to jeff gundlach after &#8216;bonx king&#8217; boycotts cnbc [227] => jim cramer apologizes to jeff gundlach after &#8216;bonc king&#8217; boycotts cnbc [228] => jim cramer apologizes to jeff gundlach after &#8216;bonf king&#8217; boycotts cnbc [229] => jim cramer apologizes to jeff gundlach after &#8216;bonr king&#8217; boycotts cnbc [230] => jim cramer apologizes to jeff gundlach after &#8216;bone king&#8217; boycotts cnbc [231] => jim cramer apologizes to jeff gundlach after &#8216;bond jing&#8217; boycotts cnbc [232] => jim cramer apologizes to jeff gundlach after &#8216;bond ming&#8217; boycotts cnbc [233] => jim cramer apologizes to jeff gundlach after &#8216;bond ling&#8217; boycotts cnbc [234] => jim cramer apologizes to jeff gundlach after &#8216;bond oing&#8217; boycotts cnbc [235] => jim cramer apologizes to jeff gundlach after &#8216;bond iing&#8217; boycotts cnbc [236] => jim cramer apologizes to jeff gundlach after &#8216;bond kung&#8217; boycotts cnbc [237] => jim cramer apologizes to jeff gundlach after &#8216;bond kjng&#8217; boycotts cnbc [238] => jim cramer apologizes to jeff gundlach after &#8216;bond kkng&#8217; boycotts cnbc [239] => jim cramer apologizes to jeff gundlach after &#8216;bond kong&#8217; boycotts cnbc [240] => jim cramer apologizes to jeff gundlach after &#8216;bond k9ng&#8217; boycotts cnbc [241] => jim cramer apologizes to jeff gundlach after &#8216;bond k8ng&#8217; boycotts cnbc [242] => jim cramer apologizes to jeff gundlach after &#8216;bond kibg&#8217; boycotts cnbc [243] => jim cramer apologizes to jeff gundlach after &#8216;bond kimg&#8217; boycotts cnbc [244] => jim cramer apologizes to jeff gundlach after &#8216;bond kijg&#8217; boycotts cnbc [245] => jim cramer apologizes to jeff gundlach after &#8216;bond kihg&#8217; boycotts cnbc [246] => jim cramer apologizes to jeff gundlach after &#8216;bond kinf&#8217; boycotts cnbc [247] => jim cramer apologizes to jeff gundlach after &#8216;bond kinv&#8217; boycotts cnbc [248] => jim cramer apologizes to jeff gundlach after &#8216;bond kinb&#8217; boycotts cnbc [249] => jim cramer apologizes to jeff gundlach after &#8216;bond kinh&#8217; boycotts cnbc [250] => jim cramer apologizes to jeff gundlach after &#8216;bond kiny&#8217; boycotts cnbc [251] => jim cramer apologizes to jeff gundlach after &#8216;bond kint&#8217; boycotts cnbc [252] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#7217; boycotts cnbc [253] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#u217; boycotts cnbc [254] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#i217; boycotts cnbc [255] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#9217; boycotts cnbc [256] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8117; boycotts cnbc [257] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8q17; boycotts cnbc [258] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8w17; boycotts cnbc [259] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8317; boycotts cnbc [260] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8227; boycotts cnbc [261] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#82q7; boycotts cnbc [262] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8216; boycotts cnbc [263] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#821y; boycotts cnbc [264] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#821u; boycotts cnbc [265] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8218; boycotts cnbc [266] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; voycotts cnbc [267] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; noycotts cnbc [268] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; hoycotts cnbc [269] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; goycotts cnbc [270] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; biycotts cnbc [271] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; bkycotts cnbc [272] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; blycotts cnbc [273] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; bpycotts cnbc [274] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; b0ycotts cnbc [275] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; b9ycotts cnbc [276] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; botcotts cnbc [277] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; bogcotts cnbc [278] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; bohcotts cnbc [279] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boucotts cnbc [280] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; bo7cotts cnbc [281] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; bo6cotts cnbc [282] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boyxotts cnbc [283] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boyvotts cnbc [284] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boyfotts cnbc [285] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boydotts cnbc [286] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycitts cnbc [287] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycktts cnbc [288] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycltts cnbc [289] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycptts cnbc [290] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boyc0tts cnbc [291] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boyc9tts cnbc [292] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycorts cnbc [293] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycofts cnbc [294] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycogts cnbc [295] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycoyts cnbc [296] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boyco6ts cnbc [297] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boyco5ts cnbc [298] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotrs cnbc [299] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotfs cnbc [300] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotgs cnbc [301] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotys cnbc [302] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycot6s cnbc [303] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycot5s cnbc [304] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotta cnbc [305] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycottz cnbc [306] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycottx cnbc [307] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycottd cnbc [308] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotte cnbc [309] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycottw cnbc [310] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts xnbc [311] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts vnbc [312] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts fnbc [313] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts dnbc [314] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts cbbc [315] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts cmbc [316] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts cjbc [317] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts chbc [318] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts cnvc [319] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts cnnc [320] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts cnhc [321] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts cngc [322] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts cnbx [323] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts cnbv [324] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts cnbf [325] => jim cramer apologizes to jeff gundlach after &#8216;bond king&#8217; boycotts cnbd ) </h1> </body>