Jim Cramer: To understand this year's vile market, study the dot-com crash of 2000

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

This year's first-half wipeout was substantial and all-encompassing. To understand where we go from here, it's instructive to look back at the dot-com bust.

Forty years is an awfully long time. Yet that's how much time has passed since we have had an abomination like this first half of the year. Almost everything went down. Your stocks went down. Your bonds went down. Your house went down. Your crypto went down. The only thing that didn't go down were the prices you paid for things, especially oil. This disaster didn't happen in an instant.

Forty years is an awfully long time. Yet that's how much time has passed since we have had an abomination like this first half of the year. Almost everything went down. Your stocks went down. Your bonds went down. Your house went down. Your crypto went down.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

jimcramer Jim Cramer works for NYSE. Everything he says on c.n.b c is to protect the scheme to butcher and loot retail investors. He is very we paid to do that. And to fool small investorsbto enrich NYSE. Jim Cramer hurts small investors.I really recommend to never listen to Jim

Seems Cramer absolutely dont know what talk about. Can not remember if in 2000 were millions of people with mobiles, Robinhood and retail sending money to market.

Michael Burry called it.😂

and the 1990 JAPAN CRASH, 1935 MOTHER OF ALL CRASH STARTED WW2

jimcramer Reiterating StocktonKatie and DamonPavlatos who have been lazer focused, but you seem to forget. 😐

Prepare for the worse (SPY 280) & hope for the best (S&P 340). History repeats itself (project the historical curve on todays market).

Buy

No one knows anything with the Stock Market. Selling stocks because you think you might lose money is for loser day traders and computer algorithms.

Dot com , what

United States United States Latest News, United States United States Headlines