Jim Cramer's 10 Predictions for 2008 [View article]
Here's an alternate to #10: The Fed continues to lower rates to near zero, devaluing the currency into the dust, and inflation goes through the roof while we have nevertheless experience stagflation. Today's skyrocketing commodities (oil, gold, grains, softs all hit record highs today) prices and plunging stock market are the beginning of the fulfillment of this prediction.
Jim Cramer's 10 Predictions for 2008 [View article]
The Fed continues to lower rates to near zero, devaluing the currency into the dust, and inflation goes through the roof while we have nevertheless experience stagflation. Today's skyrocketing commodities (oil, gold, grains, softs all hit record highs today) prices and plunging stock market are the beginning of the fulfillment of this prediction.