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

📆 09/08/2024 00:27:00
📰 CNBC

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Eli Lilly And Co Notizia

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...

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