Record stock rally due to big companies' edge in pandemic: Jim Cramer - Business Insider

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'One of the greatest wealth transfers in history': Stocks have rebounded because the pandemic is sparing big companies, Jim Cramer says

an economic slowdown, historic unemployment, mass protests, and more than 100,000 coronavirus-linked deaths to regain most of the ground it lost earlier this year.

Its swift recovery reflects the fact that the largest public companies — which drive the indexes — are emerging from the pandemic in strong shape, CNBC "Mad Money" host Jim Cramer said"The market doesn't represent the economy, it represents the future of big business," he said. "This is the first recession where big business … is coming through virtually unscathed, if not going for the gold.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

What part of a 14 day incubation period, plus exponential growth don’t you folks understand? I suspect it is wilful market manipulation.

You’re being played like a fiddle

Short the market! Blatant manipulation by the White House ahead of Trump’s presser.

We have a HUGE problem...realDonaldTrump and our leaders in Congress and the military need to speak out and speak freely. This is the Nixon moment

Lmao the federal reserve is “sparing” big companies; the pandemic still goes on. People are still unemployed.

The pandemic isn't 'sparing' anything. Money doesn't get sick.

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