3rdPartyFeeds

Jim Cramer: What 'V'-Shaped Recovery?

Before I became Jimmy Chill, I would have called these people mountebanks, or knaves or fools, maybe throw in a sunshine, or even chief'ed them. The craft of looking at what stocks have brought us here, what stocks have gone up the most, and then worked backward to see if they have any connection at all with the economy. If you perform this exercise, which these stunted folk can't do, you will see that we have a V-shaped stock market recovery, even as the actual economy can, at best, be described as on tenterhooks post the run off of the government stimulus that has done a terrific job, but is now gone, a work no longer in progress, a siege about nothing except bringing down the small businesses that you can't see in the stocks I am about to rip down. Read More...

Before I became Jimmy Chill, I would have called these people mountebanks, or knaves or fools, maybe throw in a sunshine, or even chief’ed them. The craft of looking at what stocks have brought us here, what stocks have gone up the most, and then worked backward to see if they have any connection at all with the economy. If you perform this exercise, which these stunted folk can’t do, you will see that we have a V-shaped stock market recovery, even as the actual economy can, at best, be described as on tenterhooks post the run off of the government stimulus that has done a terrific job, but is now gone, a work no longer in progress, a siege about nothing except bringing down the small businesses that you can’t see in the stocks I am about to rip down.

Read More

Add Comment

Click here to post a comment