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So uncertainty breeds reckless short-selling, an inability of the bulls to actually deploy capital -- they really want to!! -- to these situations, and the despair and ruin they are precipitating.

Just beyond-belief dumb. And nobody says a thing.

Random musings: Once again, the July producer inflation index reflects the top of commodities, but I am getting tired of saying this stuff, because the futures react to each piece of rearview-mirror news as earth-shaking until it is figured out. ... Housing starts were the lowest since 1991, when we had a lot fewer people -- again, BULLISH, but the market interprets it as bearish as if we need more starts! Good grief!

At the time of publication, Cramer had no positions in the stocks mentioned.


Look Beyond the Headline on the Inflation Number

Originally published on Wednesday, Aug. 20, at 9:48 a.m. EDT

The headline's scary as all get-out: "Jump in Wholesale Prices Shows That Inflation Remains High." No way that interest rates would be going down on that. No way we should be thinking of anything but a tightening by the Fed.

But neither is the case. Rates are going down. The Fed's not going to do anything, it is scared of its own shadow and is -- as usual -- paralyzed about the big issue of the day, house price depreciation.

Which brings me to the index itself, the one that "soared" the worst in 27 years.

I am never a top-down guy, I am a bottom-up guy, and if you break down the components that screamed higher, you will understand why inflation has not only peaked but is coming down hard.

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