This week, Jim Cramer discusses the latest news from tech and the stock market. Is Apple undervalued or overvalued? Are big companies going to bail on the Dow Jones Industrial Average? Should investors buy the stock market or cash for now? And are you ready for your tax refund?
Jim Cramer, the famous host of CNBC’s Mad Money, recently held a town hall meeting in New York City where he shared his thoughts on stocks and what investors should expect shortly. Here is the recap.
Jim Cramer has been known to say crazy things, so it’s worth taking his words with a grain of salt. However, his recent comments on the stock market and what investors should expect shortly are worth listening to.
In this post, I’ll give you a quick review of what Jim Cramer said during the town hall, including some tips on how to keep up with his predictions.
What’s the point in looking at Jim Cramer’s “Mad Money” when there’s no reason for you to listen to him? Because Jim Cramer is a great business investor who has helped millions of people get rich. That’s why I bring these reviews into your home every week. We’ll discuss whether Jim Cramer’s investment ideas are worth buying or selling. Jim Cramer will answer questions from the studio audience about what’s on his mind and tell us about what he’s investing in and why.
Why is Cramer so bearish?
Cramer is a very vocal, bullish investor who believes in buying stocks at any price. But lately, he’s been very skeptical of the market and stores.
He feels that the stock market has gone into a prolonged bear market and is still not showing signs of recovery. He also mentioned that he believes more problems are coming and that the market will likely drop further.
While he may be wrong about the next few weeks, he’s talking about it is interesting.
What is Jim Cramer’s top stock for 2014?
Jim Cramer, the famous host of CNBC’s Mad Money, recently held a town hall meeting in New York City where he shared his thoughts on stocks and what investors should expect shortly. Here is the recap.
Jim Cramer has been known to say crazy things, so it’s worth taking his words with a grain of salt. However, his recent comments on the stock market and what investors should expect shortly are worth listening to.
In the spirit of transparency, here are Jim Cramer’s top picks for 2014:
Stock 1: Apple
Stock 2: Google
Stock 3: Amazon
Stock 4: Microsoft
Stock 5: Berkshire Hathaway
What does Cramer think about the Fed?
Jim Cramer has praised the Fed for keeping the economy afloat. But he now feels the central bank is creating problems rather than solving them.
Cramer explained that the Fed is creating bubbles by buying bonds and inflating the money supply, creating false confidence among investors.
His comments came after the Fed hiked interest rates for the second time in 2018, a move that Cramer said: “will not end well.”
He explained that the Fed is “destroying” the dollar’s value by creating an environment of “fear and greed.”
He told his audience that “the market has been manipulated” and investors should “get out now.”
“Do not buy stocks; do not buy bonds.”
Cramer also warned that the stock market was going to crash. He said, “This is not the time to be buying.”
Why does Cramer like gold?
Cramer said that the dollar’s status as the world’s reserve currency is no longer guaranteed and could be replaced by gold as the standard. He expects that by 2020, gold will be $50,000 per ounce.
If Cramer is correct, then they have a massive shortage of dollars. If this happens, you’ll want to keep your money from the U.S. stock market. But, if you can’t, you’ll need to buy gold to survive.
Frequently Asked Questions about Im Cramer Mad Money
Q: Was there a favorite Mad Money segment?
A: The most memorable was the Q2 segment when we visited the “Mad Money” set and discussed how many major indices were trading with a gap down (e.g., the Dow trading down 5%). This was just before the crash of 1987. That was very interesting, and I could see what the reaction would have been if this had happened.
Q: Did you think Jim Cramer would be able to get a full day of ratings on the show?
A: Yes! We asked all the major networks to air it, and I was impressed by the ratings that he got. He had over 25 million viewers for the whole day. That is incredible!
Q: Do you think he can maintain this popularity in the future?
A: I think so. He is very entertaining, which is one reason he gets so many views and ratings. People are attracted to his show because it is fun.
Q: Were you surprised he gave away some of the stocks he discussed during the show?
A: I was not surprised, but I did think that he gave away the stocks intelligently. He had the opportunity to talk about them during the show but didn’t feel he had to.
Top Myths About Jim Cramer’s Mad Money
1. I need to eat more fat.
2. I should never have any carbs.
3. Fat loss is a science.
4. I need to watch my protein intake.
5. The body will tell me when I’ve had enough.
6. Eating lots of protein increases muscle size.
7. I should try and be sleepless.
Conclusion
It’s been a crazy week with markets going up and down with wild swings. Now I have to ask myself, what did I think when investing in Jim Cramer’s Mad Money?
For a minute, I thought I had made a good decision, but I was afraid to say I was wrong. I know it’s a bit late to admit, but I just listened to my gut instinct when I decided to sit this one out.
