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I don't remember hearing that in 2007. Pretty much the first thing I heard about the financial crisis was that there was gigantic contagion risk throughout the
by sanderjd 4y ago
I don't remember hearing that in 2007. Pretty much the first thing I heard about the financial crisis was that there was gigantic contagion risk throughout the financial system.
- bink 4y agoMaybe not that exact phrase but it does conjure to mind the video of Cramer saying Bear Stearns was fine. https://www.youtube.com/watch?v=gUkbdjetlY8 https://www.youtube.com/watch?v=gUkbdjetlY8
- sanderjd 4y agoAh fair enough. Yeah Cramer was wrong about everything in the period and very mainstream. Point taken.
- zamnos 4y agoAh yes. Cramer, the man who's right about the market so much that there's an ETF that just does the opposite of what he says. https://www.thestreet.com/etffocus/blog/inverse-cramer-etf-is-live https://www.thestreet.com/etffocus/blog/inverse-cramer-etf-i...