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March 4, 2021
CNBC: Cramer says investors are in denial about stocks: ‘The sell-off is real’
“Right now, even after a 6% decline, we’ve still got a ton of denial,” Cramer said. “People don’t want to believe the sell-off is real. The market’s been so good for so long, and many newer investors have never seen this kind of pummeling, so the downdraft does seem pretty surreal.”
I know that many newer investors probably don't want to read up on ancient history, but the 2020 stock market crash also seemed pretty surreal.
ISM® Services Index Decreased to 50% in September; Prices Paid Very High;
Employment in Contraction for Fourth Consecutive Month
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(Posted with permission). The ISM® Services index was at 50.0%, down from
52.0% last month. The employment index increased to 47.2%, up from 46.5%.
Note: A...
2 hours ago
3 comments:
If you liked 2020 and 2008, you'll love 1929!
Cramer and wall st have been monetizing super-reality ever since the winners of the new world.
March 3, 2021
Jim Cramer: When Do We Go Back to Buying the Winners and Stop Buying the Losers?
There’s a time travel joke here just screaming to be told. ;)
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