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Cramer: 'I have tremendous contempt for this market' — it's a bear market not a correction (谈股论金)  503次阅读

作者: 雅歌 @, 发表于: 2018-11-26 (2195天前) @ 雅歌

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Cramer: 'I have tremendous contempt for this market' — it's a bear market not a correction
People don't want to call it a bear market. But what do they need?" CNBC's Jim Cramer asks, rhetorically.
"I have tremendous contempt for this market, because every time you try to make money with it, it cuts your heart out. That's a bear market," he argues.
After tanking nearly 3.8 percent last week, the S&P 500 recovered nearly a third of that decline shortly after Monday's open on Wall Street.

U.S. stocks are in a "bear market" not a correction, CNBC's Jim Cramer argued on Monday.
Cramer said on "Squawk Box" he's not using the traditional measures of a bear market and a correction to make his case. "Who cares about the S&P? It's individual stocks that are down 40 or 50 percent."
A bear market is generally defined as an asset or index decline of 20 percent or more from recent highs. The threshold for a correction is measured as a drop of 10 percent or more from recent highs.

https://www.cnbc.com/2018/11/26/jim-cramer-says-he-has-tremendous-contempt-for-this-stock-market.html

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