Pros such as Jim Cramer often look to the market for insights on broad sentiment. And certain things happened on Wednesday that suggest trouble is lurking.
The view may not be consistent with Cramer’s personal outlook. “This isn’t what I think should be happening,” Cramer said. “My world view is somewhat at odds (with developments).” Nonetheless, Cramer doesn’t think any investor can make money in the market without first understanding what he calls the “new view.”
And according to the “new view,” the Street thinks the economy is going downhill.
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