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Jim Cramer explains himself
Tuesday, October 07, 2008
Jim's a little down on U.S. financial markets and, unless he gets his meds changed soon, his near-term outlook for equities is likely to remain bearish (from MSNBC).
Also see, Is now a good time to panic? in today's LA Times.
2 comments:
On Colbert last night, Cramer said it was the end of the western financial world.
Constant and never ending bubblevision cheerleaders of MSNBC and CNBC were part of how this economy got so far off track. Nobody asks any tough questions of anybody unless they have negative news. It was only a few weeks ago everybody was thinking the economy was sound. (Mish and Bonddad being a few of the exceptions).
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