Jim Cramer: Pessimism Never Made People Money
Jim Cramer tells investors to cheer up!
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer to investors: cheer up! 'I'm just urging people to be less pessimistic - within the context of being skeptical,' Cramer said. 'It's okay to be skeptical, but pessimism has not made you a lot of money in this market and that's a really important concept.' Cramer's advice comes on the heels of his Tuesday conversation on CNBC with talk show host Jay Leno, who said the U.S. has become pessimistic about the future. '[Leno] had a great grasp of the American mentality,' Cramer said.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
