Jim Cramer says he expects a "robust" U.S. economy next year, with no sign of a recession in sight.
"I'm still sanguine about the situation," Cramer said in his latest monthly conference call with members of his Action Alerts PLUS club for investors.
"What makes me so comfortable ... given what's going on in Washington and looking at the tape?" Cramer asked. "I think my confidence rests with my myriad interviews with CEOs, who express a willingness to embrace the moment as a good one -- aided by a president who doesn't get in the way of their success and abetted by cheap capital even as short rates march higher."
Want to join in on Jim's monthly conference calls? Click here for a free 14-day trial subscription to Action Alerts PLUS and hear all of the latest call, plus get alerts before Jim makes any trade and enjoy lots of other exclusive material.
More of What's Trending on TheStreet:
- Cryptocurrencies Go Mainstream With Derivatives Market, Asset Class Designation
- Why Nvidia's CEO Jensen Huang Deserves the Title 'Businessperson of the Year'
- Here's What's Next for P&G and Peltz's Bruising Boardroom Battle
- McDonald's Uses This Brexit Ravaged Country to Test Its Biggest Ideas
This article was written by a staff member of TheStreet.