First. But what if the definition of safety is changing right before our eyes what happens when whats prudent becomes what is reckless and what used to be reckless becomes responsible . That gentle viewer is exactly what were seeing in this market right now. Including today. Dow gained 71 points nasdaq declined. 11 but will change tomorrow when we see the reaction to huge quarters tonight. Right now it feels like were at beginning of first truly worldwide economic expansion since the 1990s. When i say worldwide, not china so strong can drag the world like a caboose i dont mean the euro zone is getting its act together or u. S. Is healthy enough to be the engine of Global Growth or russia, india, china are driving the bus. Im talking the whole darned thing doing better the planet, with the exception of venezuela when the entire Global Economy starts humming, you need to change the way you think about stocks its been a long time, ive been at this 40 years, you got to think about stocks d
Maybe were so cynical so conditional to the economy and a so so market, we simply cannot imagine what were seeing on our screen at the end of a very good month where we powered higher in where we havent seen in ages. Its october people. We need to address something, we need to address what i call the inxray jewelty issue. This kind of rally seems unbelievable the worlds been starved of growth for ages, we havent seen anything like it for so long that we have a hard time grasping this move and therefore, it makes the move feel phony but thats only because were so accustomed to living in the shadow of the great recession. We had a huge worldwide slow down which made us believe that growth is lower to come by for years it felt like our committee or the major committees overseas were going to be muted because businesses didnt want to spend, because there wasnt enough nand to make it worthwhile. In that period of slow growth what defined a winning stock, well lets talk about that what worke
Me jim cramer whenever i speak to a truly Competitive Company theyre playing both offense and defense using the power of digital using the power of technology. They have no choice. If you dont imbrass embrace technology youll be left behind the dow did 9 points s p, zero and nasdaq up. 0 clueless Companies Getting left in the dust because their consumers are going away every november we come out to sales force dream conference ford to learn about this dynamics we come out with open ears and eyes to see what companies are doing. Ask questions to find out whose keeping hold of their turf whose invading the turf. We got time to see them all but we have to if were going to figure out whats going on with this market. The actually play of entrepreneurs that want to take on the like adobes platform, softwares of service as a kind of a force kwaulzer. A Sole Proprietor will say 50 bucks a month ho to the make their Department Look big. Business online, no rent, no expensive employees, infrastr
Discuss venezuelas economic crisis the country is on the brink of defaulting on its debts with many saying its not a case of if but rather when the Government Debt currently amounts to one hundred fifty billion dollars then as well as one of the Worlds Largest exporters of oil but plummeting prices and mismanagement have crippled the country. But bank note that symbolizes the magnitude of venezuelas economic crisis earlier this month the countrys president unveiled the one hundred thousand dollars bill its worth about two dollars thank you year ago the one hundred bolivar bill was the countrys largest but inflation has skyrocketed the only thing growing in venezuela these days some jest is the number of zeros on the banknotes Everything Else like food and medical supplies continues to shrink lack of hard currency has left the government unable to pay for imports the countrys debt has become unsustainable president Nicolas Maduro is hoping to convince foreign creditors of his proposals
A case of if but rather when the Government Debt currently amounts to one hundred fifty billion dollars then as well as one of the Worlds Largest exporters of oil the plummeting prices and mismanagement have crippled the country. But bank note that symbolizes the magnitude of venezuelas economic crisis earlier this month the countrys president unveiled the one hundred thousand dollars bill its worth about two dollars. A year ago the one hundred bolivar bill was the countrys largest but inflation has skyrocketed the only thing growing in venezuela these days some jest is the number of zeros on the banknotes Everything Else like food and medical supplies continues to shrink lack of hard currency has left the government unable to pay for imports the countrys debt has become unsustainable president Nicolas Maduro is hoping to convince foreign creditors of his proposals for restructuring it. I dont think i dont tell the investors of the world the holders of venezuelan debt i have the moral