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Friday, September 13, 2024

Cramer's First Hour, Part 2 -- Friday The Thirteenth, September, 2024

Locator: 48580CRAMER. 

Cramer's first hour: a mix of facts, factoids, opinions from various sources -- often not cited -- while listening to Cramer's first hour on CNBC

Most exciting news for air travelers: United Airlines to offer free Wi-Fi using SpaceX's Starlink. Other airlines will have to follow. Link here.

Sahm rule: "Sahm rule" creator Claudia Sahm says we're not in a recession. Speaks volumes about the "new" economists. Chief Economist New Century Advisors, former Fed economist. When asked directly: 50 or 25? Without hesitating, "absolutely 50." Fed rate cut. Employment numbers don't look comforting. Wow, she is really adamant about a 50-basis-point cut in the Fed rate. 

Exit, stage right: Elon Musk moves twitter headquarters (XHQ) out of San Francisco today -- moving to Texas.

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Disclaimer
Briefly Reminder 

  • I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • See disclaimer. This is not an investment site. 
  • Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
  • Reminder: I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.

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