After the president Donald Trump Announced a 90 -day break on most prices, the American markets have skyrocketed, encouraging the recent laughter of the CNBC economist Jim Cramer To share the main lessons to remember from this stock market chaos.
What happened The main clues such as the DOW, the S&P 500 and the NASDAQ rebounded significantly after the break. Cramer stressed that “no one has ever made a fortune by panicking”, encouraging investors to continue the course rather than making hasty and emotionally charged decisions.
Read also: Cramer congratulates Trump for his opposition to Japanese steel
Why is it important “Continuing the course is the best way to earn money,” said Cramer, noting that shareholders generally make their annual earnings in just a few crucial days.
He also drew attention to the unpredictability of the political climate, noting that “the president likes drama – you will not have certainty”, reminding investors to expect policy changes and stay away from reactions without reflection.
Despite the instability of the market, the key message of Cramer is clear: “The bulls make money, the bears make money, the pigs are killed”.
His advice is to bet on solid and proven companies, which he reiterated while the actions of large technological companies like Apple Inc. (NASDAQ:AAPL) et Nvidia Corp. (Nasdaq: NVDA) strongly rebounded on Wednesday.
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