The latest. Dani definitely a mixed session. The stoxx 600 down. It is a macro heavy trading day between the u. K. Election, Central Bank Decisions and that the tariff deadline, we have traders on the sideline. Expandedy has really for sterling. Cable down about 0. 1 , but still trading at that 1. 31 handle. This is a conservative government priced in. Upside is really limited. We have seen sterling fall after the poll showed the conservatively it cut by about half and the concern is the Hung Parliament that would throw into concern the outcome of brexit. Some strategists have said that sterling may fall as low as 1. 22 if we do get a Hung Parliament. Brent down about 0. 5 tonight. We are seeing brent trade just under 64 a barrel. The aramco ipo hitting the 10 limit with shares surging so far today. Looking at some of the individual movers we have seen in the market. Jd sports is one of the biggest lacquers in the stoxx 600 laggers in the stoxx 600. Its biggest shareholder sold 2. 4 of
We have many reasons to be disenchanted. The downturn of 2000ial about t. The down turn on in 202001 and cut in half, 20072009. Or the crash or facebook. Insider trading cases and obvious situation a stock of yours went down and down and clear someone knew something and you didnt. I vow all these but one day when Interest Rates go back to more normal levels and we can own stocks or certificates of deposit or bonds, whatever we call more attractive callfor th fixed income market. Until that does we need our money to work for us. Were like the avis ad. We have to work harder to make our money grow. Thats what tonights special show is about, how to make your money work harder in a responsible way. Were using different types of stocks to show how we can do that responsibly and carefully, like get rich carefully. What suffages this show for years is personal investing. We call this episode years. Why . Because each one is written and thought about on a different entity on its own. I recogni
Out. Sell sell sell and they went to securities that gave you little or no return. Then they watched the big gains from the sidelines. I totally understand the aversion people have to stocks. Im not in denial about them. The huge downturn in 20002001 and cut in half, 20072009. Theres debacles like the flash crash or facebook ipo. Insider trading cases and obvious situations where a stock of yours went down and down and clear someone knew something and you didnt. I validate all these feelings right now, right here. But the fact is stocks remain the only game in town. Maybe one day when the economy gets strong enough, Interest Rates go back to more normal levels and we can own stocks as well as certificates of deposit or bonds, whatever might be attractive in what we call the fixed income markets. Money to work for us. Were like the avis ad. We have to work harder to make our money grow. Thats what tonights special show is about, how to make your money work harder in a responsible way. W
Jimcramer. In the face of crushing declines, rallies, even plain jane garden variety days in this market we must always guard against our own Human Emotions often get the better of us when everything is going well in the stock market and when things are going badly, they seem to grip us totally. When things are too good, we tend to take too much risk. When things are going terribly, we despair and leave the stock market entirely. A fact of life. Over the years, even as stocks climb and climb, there have been real swoons that drove people out. Sell sell sell and they went to securities that gave you little or no return. Then they watched the big gains from the sidelines. I totally understand the aversion people have to stocks. Im not in denial about them. The huge downturn in 20002001 crash or facebook ipo. Insider trading cases and obvious situations where a stock of yours went down and down and clear someone knew something and you didnt. I validate all these feelings right now, right
Out. Sell sell sell and they went to securities that gave you little or no return. Then they watched the big gains from the sidelines. I totally understand the aversion people have to stocks. Im not in denial about them. The huge downturn in 20002001 and cut in half, 20072009. Theres debacles like the flash crash or facebook ipo. Insider trading cases and obvious situations where a stock of yours went down and down and clear someone knew something and you didnt. I validate all these feelings right now, right here. But the fact is stocks remain the only game in town. Maybe one day when the economy gets strong enough, Interest Rates go back to more normal levels and we can own stocks as well as certificates of deposit or bonds, whatever might be attractive in what we call the fixed income markets. Money to work for us. Were like the avis ad. We have to work harder to make our money grow. Thats what tonights special show is about, how to make your money work harder in a responsible way. W