“An economic wave is about to hit that will be fantastic for investors” said Jim Cramer… Be careful.

You guys probably already know about “the Cramer index”.

TLDR Whatever Jim Cramer forecasts, the opposite happens. Almost like he has a crystal ball.

We had plenty of those examples on this sub, but luckily he was bearish so far, so we got massive gains as a result. However, now he is switching his stance and turned bullish:

https://www.cnbc.com/2023/05/14/jim-cramer-an-economic-wave-is-about-to-hit-that-will-be-fantastic-for-investors.html

“An economic wave is about to hit that will be fantastic for investors”

This makes me worried.

He didn’t mention crypto specifically, but we know that markets tend to correlate during turmoil.

Just heads up in case you’re unprepared!

Btw, to track the “inverse Cramer index”, there’s already an ETF that you can actually invest in:

https://www.marketwatch.com/investing/fund/sjim

This is hilarious! 🙂