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bighand69
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Comments by "bighand69" (@bighands69) on "Jim Cramer Weighs In On Dow's 1,500-Point Drop | CNBC" video.
Bear markets are a brilliant time for the right type of investor. They offer value and opportunity that conventional market speculators cannot actually see.
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Trump had nothing to do with it. The market is growing at its historical levels. Actually the market is not that spectacular by historical levels. One thing we are guaranteed with the markets is that they go up and down and up.
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Cheap money has nothing to do with it. The reason there is cheap money is because the corporations that are listed are propping up the banks which then enables the fed to set rates at really low levels. Growth in the corporations will start at some point and my estimation is the mid to late 2020s and that in turn will end the era of cheap money. In the meantime the markets will go up and down and up again.
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+alex j You are falling for the classical economics nonsense. Most of the companies that are on the likes of the Dow Jones have very low levels of debt and if they wanted they could go out tomorrow and buy a load of money if they desired but many will not because they value their stability too much. The markets will go up and up and down and down and back up again. It does not matter if companies borrow or do not borrow. What you should be asking instead is cheap money propping up the government and certain banks.
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I do not think he literally meant hitting a key but somebody probably off loading.
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Or maybe he is very very tired and making mistakes.
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