Jim Cramer wrote a Real Money column which focused on the inverted yield curve and what it means for the markets.
Here's what he wrote:
On Friday, I believed that it was the inversion of the yield curve and the recognition that the algorithms are set to sell all stocks, regardless of their ability to thrive with an inversion. I continue to think that's the case if only because so many people are willing to point to the previous inversion that proceeded the Great Recession.
Perception is more important than reality so even though I believe there is no recession on the horizon I certainly accept that reasonable people, teamed up with their algorithms, can distort the market with rapid selling.
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