Monday, October 8, 2007
CNBC, Stocks, Jim Cramer Mark Haines, and You
The story keeps changing. First it was, "The economy is wonderful. That's why you buy stocks!" Course, I told you that was baloney. Then, the story was, "The economy is so bad we need a rate cut or two. After a rate cut, the market will go up. So, you want to buy stocks even though the economy is bad!" Now, the "all important" jobs numbers say the economy might not be that bad, and we did not (nor will we need) any rate cuts from the fed. But, you still want to buy stocks because, uh, USA! USA! USA!・・・
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