CNBC's Jim Cramer on Tuesday said that despite scary events of recent weeks, investors should not make decisions based on day-to-day fears.
CNBC's Jim Cramer on Tuesday said that investors are operating too much out of fear and instead need to take a long-term perspective of the market and "accentuate the positive." For example, Cramer pointed to the recent fall of Silicon Valley Bank, which triggered initial worries that the Great Recession would repeat itself. That led to a selloff of oil and industrials, which people assumed would be impacted by bank-run contagion. But First Republic and regional banks were stable Tuesday after Treasury Secretary Janet Yellen said that bank deposits will be protected, sending investors jumping back into oils and industrials.
why have you been negative on Harmonic HLIT when the leaders of the industry like Comcast & Charter are actually spending big bucks and investing millions in Harmonic equipment?
$VHYA
Sounds like volatility to me.
Basically he just rolled over and admitted he’s a horrible stock picker. Now he’ll push SPY.
To have any hope to survive this market the first action investors need to take is to never listen to jimcramer Carnival Barker
Wow…..what sage advice…
federalreserve USTreasury MadMoneyOnCNBC jimcramer
Just like he said to buy SVB, We saw where that went.
Zoom out!
The one thing this situation showed for sure is the smallest issue is a huge issue as “confidence” is king. Cracks appeared and that is scary. The govt will print to the moon and backstop everything until it can’t.. and that’s when those with gold are the only holders of money.
Who in the fuck would ever listen to this clown?!
Uh oh
Short longer view