#Economy & #Stocks Review - Jim Cramer Called The Bottom In Stocks ð
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| E&S Review |
Much of today’s economic data, including officially collected and produced time series, is highly unreliable. Statisticians use well-documented techniques such as geometric smoothing, seasonal adjustments, substitution, double counting, and hedonic adjustments to modify economic outcomes dating back to the 1980s. Politicians and central bankers often leverage these techniques for political gain.
Data manipulated by these statistical methods are frequently revised without clear notification to the public, especially when administrations or public policies change.
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Jim Cramer Called The Bottom In Stocks 😂
Jim Cramer is a prominent American television personality, author, former hedge fund manager, and co-founder of TheStreet. He is best known as the host of CNBC’s Mad Money, where he provides stock market insights and investment advice.
The nickname “Inverse Cramer,” popular on social media, humorously plays on the idea that his stock predictions frequently miss the mark. Infamous moments, such as his “Bear Stearns is fine!” rant, have fueled this perception. Some investors jokingly suggest that taking the opposite approach—or the “inverse”—to his advice might yield better results. Interestingly, the “Inverse Cramer Fund” ($SJIM) exemplified this concept, but ultimately shut down after delivering a negative return within 10 months.
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The market should look to give up some gains ahead of what could be tumultuous pronouncements…
— Jim Cramer (@jimcramer) March 16, 2025
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Source: http://www.edegrootinsights.com/2025/03/economy-stocks-review-jim-cramer-called.html
