Cramer Warns Against Venezuela-Driven Trades, Says Headlines Are No Substitute for Long-Term Investing
CNBC’s Jim Cramer on Monday delivered a broader cautionary message to investors tempted to chase stocks moving on Venezuela’s sudden political upheaval, arguing that markets routinely overestimate how quickly geopolitical shocks translate into sustainable corporate earnings. Cramer’s remarks came amid a powerful rally on Wall Street that appeared to shrug off the dramatic news out [...]The post Cramer Warns Against Venezuela-Driven Trades, Says Headlines Are No Substitute for Long-Term Investing appeared first on Tekedia.
