What Passover Tells Us About the Stock Market or Something
Jim Cramer takes a long walk around the block:
“This market, it’s got a disease,” he warned on Monday’s episode of Mad Money. “We’ve been hit with a plague of initial public offerings. That isn’t over yet. And for those of you celebrating passover tonight, the plague of IPOs is worse than the plague of locusts, frogs, definitely not as bad as the whole death of the first born thing though.”
Flubs the next one, though:
“A stock market is like any other market, it’s all about supply and demand.”
It’s why is this stock market different from all other stock markets. I mean, if you’re gonna do it, do it.