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Me jimcramer. I have to be honest with you, we could be on the verge of a depression, not a recession, a depression if things dont go right. Worst monthly report since 2009. 700,000 jobs lost and that doesnt even cover the last two weeks where we had 10 million jobless claims the bad numbers are just beginning, which is why the averages got hit today, dow losing 361, s p 3. 1 , nasdaq falling. It could have been worse earlier in the day, it was bad this is going to be a brutal period if we handle things right, it will be a short depression i would call it a decession or a repression but the first sounds silly and we dont want a repression can we have a mini depression . Were in unchartered waters. I hope so. Still, i think were making Real Progress in the economic front today, Small Businesses applied for hundreds of billions of dollars in loans that will allow them to stay ....
Major funding for the pbs newshour has been provided by you never discriminate. You want everyone, the young, the old, the soft, the strong. But cancer, were fighting you can immunotherapies and genetic testing, with laughter, with strength, because every one of us is doing one thing only making cancer history. You were born with two stories. One you write every day, and one you inherited thats written in your d. N. A. 23andme. Com is a Genetic Service that provides personalized reports about traits, health and ancestry. Learn more at www. 23andme. Com. Lincoln financial committed to helping you take charge of your financial future. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Supported by the rockefeller fo ....
Major funding for the pbs newshour has been provided by you never discriminate. You want everyone, the young, the old, the soft, the strong. But cancer, were fighting you can immunotherapies and genetic testing, with laughter, with strength, because every one of us is doing one thing only making cancer history. You were born with two stories. One you write every day, and one you inherited thats written in your d. N. A. 23andme. Com is a Genetic Service that provides personalized reports about traits, health and ancestry. Learn more at www. 23andme. Com. Lincoln financial committed to helping you take charge of your financial future. And by the alfred p. Sloan foundation. Supporting science, technology, and improved Economic Performance and Financial Literacy in the 21st century. Supported by the rockefeller fo ....
Japanese exports were weak. Not a lot of macrodata on tap. Shares of boeing and gm both higher in the premarket. Better than expected quarterly results. Lamb research buys koa. Western digital buying sandisk, the price 19 billion. Well have the ceo of Western Digital later on the program. And coke reporting a mixed ka quarter. First up, upbeat earnings news from boeing better than expected Third Quarter results on stronger demand for commercial aircraft. The dow component raising their full year guidance and theres gm beating the street with its q3 profit and revenue. Cfo Chuck Stevens this morning on squawk box. A strong truck market a strong suv market is helping, but i think also its our view and our continued focus on driving cost efficiencies and if you look at the material performance and the cost efficiency that we ....
And out industrials, which youll be getting more for months. Since then, weve seen honey well, United Technologies reports, along with a usually disappointing preannouncement. Yet after an initial dip, they all went higher. Only ppg proved to be better than expected and that just kept them from flying. Today, though, we got excellent numbers from boeing and General Motors and that reinforced the group that this group is too important to ignore. My job is to explain whats happening in the stock market. Because of worries about World Economic weakness, worries to keep Interest Rates lows, Portfolio Managers underweighted this group dramatically or sold far more than what they should have against what had ....