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Investor Judgment

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finance1 year ago

"Jim Cramer Analyzes Tuesday's Market Sell-Off and Predicts Future Trends"

CNBC's Jim Cramer attributed Tuesday's sell-off to poor judgment by shareholders, rather than bad earnings or business conditions. He suggested that the market won't bottom all at once and that the sell-off would be cured by the departure of bullish investors who made poor decisions. Cramer pointed to an overheated consumer price index and excessive faith in potential Federal Reserve actions as contributing factors. He advised investors to sell stock and buy back at lower levels, acknowledging the difficulty of executing this plan in practice.