Cramer on market plunge: Coronavirus impact on companies could be 'more severe than thought'

Cramer tweeted just before 5 a.m. Monday ET that he wanted to "deal with the facts" and not engage in speculation.

"If you call it an overreaction and it gets worse, you are a fool, if you say it's only going to get worse then you are a fear-monger," he said on Twitter. "We have lost containment. Now we need to slow it."The global stock market sell-off on the widening outbreak of coronavirus beyond China indicates further negative effects on U.S. multinational companies' earnings, CNBC'sWith U.S.

Cramer tweeted just before 5 a.m. ET that he wanted to "deal with the facts" and not engage in speculation.as the euro zone's third-largest economy grapples with the largest outbreak outside of Asia: more than 150 reported cases and four deaths.Global confirmed cases rose to nearly 79,500 with over 2,600 deaths — still with the vast majority of cases and deaths in China where the COVID-19 virus originated.

MadMoneyOnCNBC Duh! Eat some insects you Kanamit.

MadMoneyOnCNBC Joe public trusted you pigs and look what you did!!! Had Joe buying all time highs just two weeks ago, hope you sleep well still tonight

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Cramer sees biotech stocks as a refuge in the coronavirus-driven market plunge'I look at these drug companies and I think, 'Wouldn't that be a great place to go if the market really falls apart?'' CNBC's Jim Cramer said. If there were an outbreak of CoronaVirus in the US cash is king probably be your theme, too late then... big losses before Cash is King? Lol Flight to safety doesn’t usually involve the most speculative sector of the markets.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Cramer sees biotech stocks as a refuge in the coronavirus-driven market plunge'I look at these drug companies and I think, 'Wouldn't that be a great place to go if the market really falls apart?'' CNBC's Jim Cramer said. If there were an outbreak of CoronaVirus in the US cash is king probably be your theme, too late then... big losses before Cash is King? Lol Flight to safety doesn’t usually involve the most speculative sector of the markets.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Stock market live updates: Dow futures down 770, airlines slide, Apple dropsStock market live updates: Gold futures gained more than 2% to around $1,680 per ounce, reaching its highest level since Jan. 23, 2013. top
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Huawei could be worse hit by the coronavirus than Apple, according to analysts - Business InsiderHuawei is downplaying coronavirus impact on its smartphone sales, but experts say it will suffer more than Apple
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »