Read about how Congress delaying the stimulus doomed lots of smaller businesses. How to artfully negotiate a correction. Why Consumer tech spending could accelerate. Why many market views have become predictable despite so much uncertainty and possible outcomes. And how you may regret waiting for another market pullback before buying. It’s all on Real Money right now.
Here are five must reads from the columnists of Real Money and Real Money Pro, our premium sites for Wall Street professionals and active investors:
Jim Cramer: Thanks for Nothing, Washington
Washington failed. Without a stimulus, it’s too late. While it may be great for the stock market, it’s horrible for the 14 to 15 million souls trying to put food on the dinner table, writes Jim Cramer.
When people say the stock market doesn’t reflect the real economy they are missing a salient point: By designating some companies as essential and others as non-essential, the state governments doomed lots of smaller businesses. They ended up desperate for funds.
Rev Shark: The Art of Navigating a Correction
Most traders and investors experience a similar pattern of profits and losses in their accounts. We work hard to steadily build gains in our accounts and then the market will suddenly reverse and we see weeks or even months of hard work suddenly disappear in just a few days.
It can be discouraging and downright depressing and we will berate ourselves for not being more careful. We assure ourselves we will not let it happen again, but of course it does, says James “Rev Shark” DePorre. Sizable, sudden losses will occur when the market turns. Find ways to use that to your advantage.