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.
If you liked 2020 and 2008, you'll love 1929!
ReplyDeleteCramer and wall st have been monetizing super-reality ever since the winners of the new world.
ReplyDeleteMarch 3, 2021
ReplyDeleteJim 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. ;)