Jim Cramer calls end of the depression
 

Jim Cramer announced the end of the depression (I didn't even know we were in a depression). With him saying this, do we need any more proof that things are going to get worse.

What depression?
 

Any idea as to where someone can get a job playing spin the bottle in relation to forecasting economic's?:D

Well I guess you have a 50/50 chance of a stock up or down.... same with the economy.

Pretty sure Cramer was talking about the depression he's been suffering since the beatdown Jon Stewart gave him last month!

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Too bad his prediction record holds true for airline stocks!!!

Funniest thing I've read today :)

Crap, there goes the end of the bull run. Whatever he says, do the opposite and you will make money.

Well today (April 7), Equifax came out today and said that home defaults were up 50% over the same time last year. That doesn't include sub-prime. Their defaults were up 25% over last year. It seems the bottom of the housing problem is yet to be seen.

Oh, and 700,000 more people lost their jobs in March.

I sure hope he's right.

-Fatty

A recovery always begins months ahead of the statistics that actually back up the fact that its recovering. And "recovery" is relative. We may only be recovering from crash and burn to a period of stagnation.