Jim Cramer explains how the market was able to virtually shrug off a major oil shock

المملكة العربية السعودية أخبار أخبار

Jim Cramer explains how the market was able to virtually shrug off a major oil shock
المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

'In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973,' Jim Cramer says.

"It's amazing how the averages pretty much shrugged off such a major [oil production] decline," CNBC's Jim Cramer says.

"So there were real areas of weakness, but the truth is this market held up incredibly well," he says after the major indexes fell less than 1% following drone attacks on Saudi Arabia's oil facilities.

 

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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U.S. energy secretary says oil market robust after attack on Saudi plantsU.S. energy secretary says oil market robust after attack on Saudi plantsThe oil market is resilient and will react positively to the attack on Saudi Ara... Does anyone else think that this attack could have been staged to force the US to go to war And the three departments I want to cut are... wait, who am I? Same thing they said about my Grandmother after her 4TH stroke.
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Markets Right Now: Stocks fall as oil prices spikeMarkets Right Now: Stocks fall as oil prices spikeStocks are lower early Monday as oil prices spike following a weekend attack on major oil facilities in Saudi Arabia. Know who gives no fucks about oil prices? Tesla owners Just woke up. Has the orange clown and his malevolent son in law taken America into another unnecessary war yet?
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