Anonymous Coward User ID: 976036 United States 05/20/2010 07:47 AM Report Abusive Post Report Copyright Violation | 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 User ID: 976044 Austria 05/20/2010 07:58 AM Report Abusive Post Report Copyright Violation | 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 976036Maybe a reality check for an US investor. |
scimitar
User ID: 599315 United States 05/20/2010 08:05 AM
Report Abusive Post Report Copyright Violation | 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. Ominous regressions One Truth... many realities |
Anonymous Coward User ID: 975834 Ireland 05/20/2010 08:16 AM Report Abusive Post Report Copyright Violation | 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 Report Abusive Post Report Copyright Violation | 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 User ID: 975760 United States 05/20/2010 08:18 AM Report Abusive Post Report Copyright Violation | 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 976036Basically, he's shilling for US stocks. Just doing his job. |
Anonymous Coward User ID: 975981 United States 05/20/2010 08:18 AM Report Abusive Post Report Copyright Violation | Re: WTF? Europe will COLLAPSE in 48 Hours ! link op |
Kashodi
User ID: 976064 Italy 05/20/2010 08:25 AM Report Abusive Post Report Copyright Violation | 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 Report Abusive Post Report Copyright Violation | Re: WTF? Europe will COLLAPSE in 48 Hours ! link op
Quoting: Anonymous Coward 975981 [ link to www.cnbc.com] |