"I'm not saying things are over. But I am saying that the reaction is that people should buy stocks," Cramer said onU.S. stocks were soaring Tuesday following a 17.7% jump in retail sales during the month of May as the U.S. economy restarted from coronavirus-induced shutdowns. Economists surveyed by Dow Jones had expected an 8% increase.
"I think is going to be viewed as the V-[shaped] recovery," Cramer said, referencing a quick downturn in activity followed by sharp return. "I think this is a sign that things are coming back. Just coming back." Wall Street also reacted to a study that found a generic steroid drug lowered death rates for patients severely sick with Covid-19 by about one-third. One of the study's investigators called it aThe new study that found benefits from dexamethasone is an indication there is "something that could really help us with this illness, to make it so we get out of the hospital," theCramer has for weeks argued that the country's economy will be in a stronger position when U.S.
Recession started. Why would you buy? Makes sense to start divesting. Consider yourselves lucky to get back to the highs we were at in February. I am. Nothing wrong with staying on the sidelines until economic growth returns.
GAMBLE WITH US! stockmarketponzi2020
Who could have predicted reversion to the mean and promising research into a virus similar to many others well known to science?
So sad to see American women in Burkas?
He's right. The Fed is going to give Wall Street Fort Knox. It is now the responsibility of American taxpayers to enrichen stock brokers. We will never get a President who says no more corporate socialism
It's all about the pump...for the charitable organization my ASS
After the Fed, Jerome Powell, pulls the market down or now? Usually after he speaks lately, market goes down.
He is an awful human
STONKS ONLY GO UP!!! Especially in a global pandemic!
16 Jun - 16:37:02 [RTRS] - BEIJING CITY GOVERNMENT RAISE COVID-19 EMERGENCY RESPONSE LEVEL TO II FROM III - STATE MEDIA
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »