CNBC’s Jim Cramer Cognizant of Tense Day Ahead on Wall Street After Bank Failures: ‘It is Easy for Any of Us to Cause a Run’ on Banks

March 13, 2023

CNBC’s Jim Cramer treaded lightly before the Wall Street opening bell with his commentary on what might be in store for the market Monday after the collapse of Silicon Valley Bank in California and Signature Bank in New York. Cramer, who has come under scrutiny for hyping SVB before it failed, was on Squawk on the Street to talk about the bank run that caused its collapse. “There are a lot of banks that truly did not have the right mix, and we’re discovering that today,” he continued. We don’t know which ones are which, obviously, and I don’t want to cause any run. It is easy for any of us to cause a run at this moment.”Watch above via CNBS.