We’re officially in a bear market. If Jim Cramer, the permabull, admits it, then it must be true, and I’m inclined to agree. I’m also tempted to say that the U.S. is currently in a recession (in, not approaching), but that’s just my view. Quick recap of today’s events include:
Thanks to Susan for the link! I’ve been looking for this clip for a couple of days now.
It’s amazing to see realtors out of touch with the economy. I understand that folks have jobs and need those jobs to feed their families and to survive, but there has to be some admission, any [...]
This week Jim Cramer, host of Mad Money on CNBC, was on the cover of Barrons magazine. Why? I have absolutely no idea. You would figure with the 180 the Fed pulled last week in cutting the discount rate, or the ongoing issues with the housing and financial markets, Barrons would publish [...]