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WTF? Europe will COLLAPSE in 48 Hours !

 
Anonymous Coward
User ID: 976036
United States
05/20/2010 07:47 AM
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WTF? Europe will COLLAPSE in 48 Hours !
Cramer: Europe to Collapse in 48 Hours – or Never

By: Drew Sandholm
Wednesday, 19 May 2010

If we don’t see total capitulation in Europe over the next two days, Cramer said during Wednesday's Stop Trading!, investors may have to admit that the Continent is “merely” suffering a downturn. Because the repercussions from the expectations of a collapse, which have fed the negativity in the American markets and driven down stocks, can’t continue for much longer without it actually happening.

Cramer said Europe’s debt woes have sunk price-to-earnings multiples here in the States, but to such levels that could only be justified by a Lehman Brothers-type event.

If we don’t get that event, then American investors are going to have to readjust to a Europe that’s merely bad, one where austerity reigns, business slows and the euro continues to decline.

As of yet, though, nothing he has seen justifies that “dramatic” drop in PE ratios, which means that stocks just might snap back.

"Something bad has to happen soon," Cramer said. "Or else [the US] market’s going to go higher.
Anonymous Coward
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Austria
05/20/2010 07:58 AM
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Re: WTF? Europe will COLLAPSE in 48 Hours !
Cramer: Europe to Collapse in 48 Hours – or Never

By: Drew Sandholm
Wednesday, 19 May 2010

If we don’t see total capitulation in Europe over the next two days, Cramer said during Wednesday's Stop Trading!, investors may have to admit that the Continent is “merely” suffering a downturn. Because the repercussions from the expectations of a collapse, which have fed the negativity in the American markets and driven down stocks, can’t continue for much longer without it actually happening.

 Quoting: Anonymous Coward 976036

Maybe a reality check for an US investor.
scimitar

User ID: 599315
United States
05/20/2010 08:05 AM

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Re: WTF? Europe will COLLAPSE in 48 Hours !
I believe he was being sarcastic, perhaps not, but given his emotional nature it seems the most logical conclusion.
One Truth.... many realities
Anonymous Coward
User ID: 975834
Ireland
05/20/2010 08:16 AM
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Re: WTF? Europe will COLLAPSE in 48 Hours !
Just another Americans wishful thinking. Europe will outlast USA.
Anonymous Coward
User ID: 972343
Spain
05/20/2010 08:16 AM
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Re: WTF? Europe will COLLAPSE in 48 Hours !
The collapse is going to happen in USA. It had to happen last summer. Now I don't know. But not Europe. Is America the one to fall and then begin changes to go to a New Economy.
Anonymous Coward
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United States
05/20/2010 08:18 AM
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Re: WTF? Europe will COLLAPSE in 48 Hours !
"Something bad has to happen soon," Cramer said. "Or else [the US] market’s going to go higher.
 Quoting: Anonymous Coward 976036


Basically, he's shilling for US stocks. Just doing his job.
Anonymous Coward
User ID: 975981
United States
05/20/2010 08:18 AM
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Re: WTF? Europe will COLLAPSE in 48 Hours !
link op
Kashodi

User ID: 976064
Canada
05/20/2010 08:25 AM
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Re: WTF? Europe will COLLAPSE in 48 Hours !
IMHO I think Cramer is fraud.
Anonymous Coward (OP)
User ID: 976036
United States
05/20/2010 08:27 AM
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Re: WTF? Europe will COLLAPSE in 48 Hours !
link op
 Quoting: Anonymous Coward 975981


[link to www.cnbc.com]

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