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The flood of new money will make us feel good temporarily. We can enjoy watching our stocks and homes appreciate in value, and this may make us think the economy has turned the corner. Unfortunately, any rise in stock or property values will result from a decline in our currency's value, and the FED's unwillingness to ...more
An 8.1% unemployment rate by year's end isn't much of an improvement; in fact, the improvement could be the result of job seekers giving up. If gas prices rise because we're meddling in the Mideast instead of developing our oil reserves, our president's reelection campaign will be in big trouble. Mitt Romney, with his ...more
Whitney Houston's demise reminds me of Judy Garland's. Both stars had powerful voices, but they let their addictions get the best of them. It's sad that they didn't use their talents for God. That way, they might have laid up treasures for themselves in heaven. What a tragic waste! What a tragic lost! Things didn't hav...more
Good article, Mr. Cramer. You're right that we must be careful what tech stocks we buy. The economy isn't strong enough to support a tech rally. As for banks, many are value traps, especially the banks with exposure to European banks' debt.
As long as the Fed keeps interest rates artificially low, dividends will be...more
I appreciate Jim Jubak's advice. To compensate for the U.S. dollar's decline, I've held stocks in U.S. companies that do substantial business abroad. Granted, the dividends I get are in dollars, but they've been boosted as earnings in stronger international currencies were converted to dollars. I hope Jim has found an ...more
Cramer has done well with his recommendation of solid dividend-paying stocks. He's right not to be a purist. We must take whatever the market offers, and work with it. Without some homework and good timing, we'll get killed.
10/7/2010
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