Thursday, March 4, 2021

The Sarcasm Report v.283

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.

3 comments:

  1. If you liked 2020 and 2008, you'll love 1929!

    ReplyDelete
  2. Cramer and wall st have been monetizing super-reality ever since the winners of the new world.

    ReplyDelete