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Adidas sells underperforming Reebok for €2bn to Authentic Brands

Adidas sells underperforming Reebok for €2bn to Authentic Brands
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Jim Cramer says he remains confident in U S economy despite Covid delta surge | Hellenic Shipping News Worldwide

Jim Cramer says he remains confident in U S economy despite Covid delta surge | Hellenic Shipping News Worldwide
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Jim Cramer Says He Remains Confident in U S Economy Despite Covid Delta Surge

By Kevin Stankiewicz, CNBC • Updated on August 4, 2021 at 7:31 pm Scott Mlyn | CNBC CNBC s Jim Cramer said the Covid delta variant is unlikely to derail the U.S. economic recovery in the coming months. The Mad Money host said he remained confident due to recent positive outlooks offered by real estate investment trusts. CNBC s Jim Cramer said Wednesday he remains confident in the U.S. economy in the coming months despite the significant rise in Covid delta infections recently. As Wall Street seeks insight into the strength of the recovery, the Mad Money host said he was focusing on the quarterly results of real estate investment trusts and those firms executives. Other areas, like housing and the auto market, have too many distortions at present, Cramer said.

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