Jim Cramer, host of MSNBC’s Mad Money with Jim Cramer and general meth fueled rage-a-holic went on The Today Show and basically said that any dough you’re gonna need in the next five years, it better not be in the stock market.
If this guy is making a point to provide calm, apparently well thought out advice, we may be in bigger trouble than anyone realizes. Remember, this is the same Cramer who is usually known for stuff like this.
On the plus side, the shoebox industry figures to improve as more and more Americans take money out of the stock market and slide it under their beds.