Posted on 08/21/2015 6:26:24 AM PDT by EBH
At this point, it is clear to Jim Cramer that the stock market is inevitably going down. That's just the way it is. But that doesn't mean investors have to sit back and do nothing about it.
"I do find it helpful to figure out what would reverse that ineluctable sense of retreat so if I spotted it...I would know that the overwhelming propensity for a declining session isn't as written in stone as we thought," the "Mad Money" host said.
So, what are the topics on Cramer's radar that could signal a market reversal if they changed? He went down the list.
First, the Fed needs to declare 2015 a rate-hike free zone. They need to do it now, Cramer says, because it has to recognize the strong-dollar perils that America and its trading partners would face if a rate hike happened soon.
(Excerpt) Read more at finance.yahoo.com ...
Ha, ha, all those stupid, rubes on FR who predicted that there is no way the Feds can raise rates...
The Fed is boxed in and apparently only the stupid Conservatives had any inkling.
Completely boxed in. As in screwed. Raising rates at this point would be like shooting a dying pig. Not raising rates now will be like sitting back and watching the pig suffer, choke, and die.
Also, it’s hilarious to hear the panic-zombies on the business channels talking about what NEEDS to be done. Pull up a 5 year chart of any index. This “pullback” is insignificant and nothing else other than LONG overdue.
Very worrisome! But I'm sure Obama and Jarrett are quite pleased right now.
With every 1 percent increase in rates, the deficit grows by $184 billion. The UniParty trembles at the thought.
The government loves to ignore problems for as long as possible. Kick that can down the road. So which option in your scenario is the kick-the-can one? It's the second one.
That's why I will fearless continue to predict no rate hike in 2015.
I laughed when the Atlanta Fed Chairman said they were poised to raise rates. No way. They are like a hamster on a wheel. No way off. They have no exit strategy.
Yup, they have called wolf so long that they are fresh out of wolves.
I’m not sure what can reverse this mess if anything. What are they going to do, lower rates?
Can’t go up because of the debt and the rise in interest payment and can’t go down...no room for that.
On the March 11, 2008, episode of Cramer’s show Mad Money, a viewer named Peter submitted the question “Should I be worried about Bear Stearns in terms of liquidity and get my money out of there?”
Cramer responded “No! No! No! Bear Stearns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear.”[52][53]
On March 14, 2008, Bear Stearns stock fell 92% on news of a Fed bailout and $2/share takeover by JPMorgan.[54]
https://en.wikipedia.org/wiki/Jim_Cramer#Cramer.27s_responses_to_criticism
IMO we are in a deflationary spiral and that is worse if possible than inflation. I don’t think they have a clue as what to do about it. We are in deep doo doo.
Several will echo your sentiment. Many can not fathom it. The reduction is consumption is the reason isn’t it? The boomers consumption phase is ending, X are broke, Millennials are waiting on the old folks to die so they can get their stuff, Europe is stuck, etc.
Seems the only way out of the entire global cluster is a war. One really big one.. JMHO.
Lefties on other sites and those I have some contact with always crow about how well the stock market and the “economy” are doing under Obama.
Along with the comment that the only reason the bad people pick on him is because he is black.
I answer by saying,”His mother was ONE HUNDRED PERCENT white.”
They frown, and it gets worse for them from there.
“I do find it helpful to figure out what would reverse that ineluctable sense of retreat so if I spotted it...I would know that the overwhelming propensity for a declining session isn’t as written in stone as we thought,”
Ironic, it's now 3:25PM the dow is now down -530 pts. // this sucks bad
The Money Changers pull the (main) leavers. I vividly recall all that money being sucked out of the economy ‘round the 08 crash.
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