Cramer praising the federal reserve, saying no fed induced asset bubbles

Discussion in 'Wall St. News' started by S2007S, Jul 30, 2020.

  1. S2007S

    S2007S

    Yep, cramer saying fed is not causing any bubbles and even goes as far as to say that earnings from Qualcomm and Paypal gains after last night's earnings did NOT come on the back of the fed money printing, but all on their own. Too hilarious, the feds bailouts since 2009 has helped every single company including Qualcomm and Paypal meet and beat earnings estimates over the last decade. And if it were not for the fed, Qualcomm and Paypal equity prices would be down over 80% from where they traded yesterday, so yes the fed is helping prop up earnings.


    We are in a bubble but won't realize it after the bubble goes POP. Thats how the scenario always ends.


     
  2. anyone listening to him deserves what they get
     
    comagnum and jys78 like this.
  3. jys78

    jys78

    He's Cramer! Great entertainment, nothing more. Context matters!
     
    smallfil likes this.