Jim Cramer: We Spelled Recovery Wrong This Whole Time
It wasn't an 'L,' or a 'U,' or even a 'V' or 'W.' Here's the letter we were looking for -- and how our failure to see it has thrown things out of whack.
Stocks quotes in this article:
HD,
LOW
It was always about the alphabet. We just seemed to have forgotten, because the letter we landed on turned out not to exist, unless you had real bad handwriting.
I am talking about the letters that we used to describe what kind of recovery we could have when we were in the midst of the early part of the pandemic, a little more than a year ago. This period's been so odd that many of us have lost track of time, the seasons even, but I want you to try to recall the facts of life as we knew them.