Did I hear Jim Cramer low balling it at about .5% yeaterday? Therefore, it was “better” than expectations. The whole expectations biz by the pundits is a crock designed to make money off of suckers in day trading. I’d think there can’t be too many suckers left, which accounts for the light volumes. Forget bulls and bears. We have a “zombie” market.
Cramer is one of the great liars of CNBC. He is among the very worst. Kudlow is another.
No matter. There are not 2 people on CNBC who will tell you a straight truth. Rick Santelli is the only one who will tell the truth and speak his mind. Every single one among the rest of them is a paid shill encouraging you to throw your money away in the stock market. That is not to say there are times when equities are good. But in this secular bear market, for the CNBC cheerleader squad, it is always “the best time to buy, ever!”