And even good old cramer has to chime in as well and make himself heard, he is also another one who has no clue whats going on, saying the fed should hold off on rate hikes, how long do you think the fed is going to go without raising rates, I have said many times over that the fed funds rate will probably be no higher than 2% in 2020, with the excuses not to raise them it seems like they will be at 0% for another decade. So a rate hike according to cramer is a "BAD IDEA" is that so, and let me guess, when december comes he's going to say the same exact thing, its a "BAD IDEA", so when is it a good idea? when they are behind the curb and the market is forcing a rate hike due to extreme market conditions that are calling for it ...
he goes on to say the recovery is thin, if the recovery is thin like he claims then why has the market gone up over 225% in the last 6 years???? OHHHHH thats right, its been nothing but Q fucking E, QE fucking 1 QE fucking 2 and QE fucking 3, that proves that this "recovery" was nothing more than printed trillions pushed into the system to make it look like a recovery....so basically this wasn't a "NATURAL ORGANIC" recovery but more like a fed printing press and trillions of dollars to the wall street elite recovery. NOW I GOT IT, nothing but fucking games is all wall street is, once this all comes to light and the next crisis is here, please understand that it was all right in front you this whole time....
On Wednesday, CNBC's Jim Cramer stuck to his position that a September interest rate hike is a bad idea.
"I think that this recovery is this thin," he said pointing to a small space between his fingers. "You got housing and that puts a lot of people to work. And then you got what? What?"
Read MoreGundlach: Rate hike a 'bad idea' due to junk bond prices
Despite a strengthening housing market, Cramer said other sectors such as oil, manufacturing and retail are "not so hot."
"Why would you bother to do this [hike] and send the dollar through the roof, really kind of ending our exports and giving everybody what they want, which is the U.S. consumer?" he said.
http://www.cnbc.com/2015/08/19/cramer-no-to-the-sept-hike-for-this-reason.html
he goes on to say the recovery is thin, if the recovery is thin like he claims then why has the market gone up over 225% in the last 6 years???? OHHHHH thats right, its been nothing but Q fucking E, QE fucking 1 QE fucking 2 and QE fucking 3, that proves that this "recovery" was nothing more than printed trillions pushed into the system to make it look like a recovery....so basically this wasn't a "NATURAL ORGANIC" recovery but more like a fed printing press and trillions of dollars to the wall street elite recovery. NOW I GOT IT, nothing but fucking games is all wall street is, once this all comes to light and the next crisis is here, please understand that it was all right in front you this whole time....
On Wednesday, CNBC's Jim Cramer stuck to his position that a September interest rate hike is a bad idea.
"I think that this recovery is this thin," he said pointing to a small space between his fingers. "You got housing and that puts a lot of people to work. And then you got what? What?"
Read MoreGundlach: Rate hike a 'bad idea' due to junk bond prices
Despite a strengthening housing market, Cramer said other sectors such as oil, manufacturing and retail are "not so hot."
"Why would you bother to do this [hike] and send the dollar through the roof, really kind of ending our exports and giving everybody what they want, which is the U.S. consumer?" he said.
http://www.cnbc.com/2015/08/19/cramer-no-to-the-sept-hike-for-this-reason.html
