Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:
- What is going on with capital spending
- What big themes stay intact during turbulent times
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Cramer: These Are Uncertain Times, When Major Decisions Are on Hold
Posted on Nov. 2 at 7:17 a.m. EDT
We play a lot of video games, we eat a lot of pizza and we drink a lot of beer. We order the first two online and the third we actually venture out of our hovels to buy.
But executives don't order a lot of capital goods, and the indecision is driving people making major decisions up a wall -- as opposed to trying to figure out whether to play NBA 2K or Madden football or order from Pizza Hut or Domino's (DPZ) --literally freezing them in their tracks about projects that they otherwise would be spending hundreds of millions of dollars on.
Last night's Electronic Arts (EA) conference call literally was electric, with a ton of talk about increased hours of playing time and a sense that the new line-up including Star Wars Galaxies, Battlefield 1 and the much-fretted about Titanfall 2 are all going to have great holiday seasons.