Stock market commentatorJim Cramer is EXTREMELY negative ('bearish') on the final version of the $789 Billion U.S. economic stimulus package that is making its way through Washington. According to Cramer, host of CNBC's popular stock market-themed television show Mad Money, Congress and President Obama both deserve an 'F' for the passage of this 'total fraud' of a plan. Perhaps more significantly, Mr. Cramer sees NO actionable stock trades as a result of this package (as a humble fan of CATERPILLAR/CAT, I find this point particularly discouraging). Please find his sobering take below courtesy of TheStreet.com :
I am an avid follower of all things related to the expansion and forward progress of our dear GLOBAL Economy. I use this blog as an informal forum, and data repository of sorts, to both share + catalog my thoughts on the economy, and potential 'investible' stocks, sectors and themes in the market. If you act on any of my ideas, or observations, then please realize you are doing so at your own risk. Please feel free to leave interesting, thought-provoking comments on the blog ('Random Thoughts of Brill/Blog-iance')..if you're $hy you can do so Anonymously. If you wish to contact me directly with your comments, then please do so via e-mail, THANKS.
Stock market commentator Jim Cramer is EXTREMELY negative ('bearish') on the final version of the $789 Billion U.S. economic stimulus package that is making its way through Washington. According to Cramer, host of CNBC's popular stock market-themed television show Mad Money, Congress and President Obama both deserve an 'F' for the passage of this 'total fraud' of a plan. Perhaps more significantly, Mr. Cramer sees NO actionable stock trades as a result of this package (as a humble fan of CATERPILLAR/CAT, I find this point particularly discouraging). Please find his sobering take below courtesy of TheStreet.com :
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