News Formal

After Eli Lilly's blowout quarter, Cramer says not to get too caught up in macro market trends

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 72%

Eli Lilly And Co News

Markets,Business,Investment Strategy

CNBC's Jim Cramer on Thursday recommended that investors not base portfolio decisions solely off of macro economic trends.

CNBC's Jim Cramer on Thursday recommended that investors not base portfolio decisions solely off of macro economic trends, like new employment data or interest rates.

"I don't want to be bound by the four walls of the PMIs, the PPIs, the PCDEs, the GDPs. We don't want ETFs where we buy the bad along with the good, and we certainly don't want to worry about every tick in interest rates," he said. "You know why? One, because that's a sucker's game. You're letting the macro control your thinking...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon, Apple, Eli Lilly: Here's Morgan Stanley's earnings playbookAmazon, Apple, Eli Lilly: Here's Morgan Stanley's earnings playbook
Source: Investingcom - 🏆 450. / 53 Read more »