Jim Cramer

The 'Winners Of The New World' Redux

"This sort of 'it doesn’t matter what you pay for an asset' is the type of thinking that prevails at tops. The idea of a new paradigm also permeates market participants’ thinking..."

"I Hear Drake Has An ICO Coming..."

"When you see the waft of ICOs (Initial Coin Offerings) hitting the market, you have to ask yourself what these 'investors' are smoking..."

The Billionaire Bears Club

"The next crisis won’t start in the equity market, or even the high yield bond market. The next crisis will occur when Central Banks lose control of sovereign bond markets. I know that is exactly the opposite advice that the Billionaire Bears Club boys are giving you, but I don’t mind being on the other side of their trade... Economic weakness will just mean more printing, it is economic strength that should worry the equity bulls."

Manufacturing Loses Most Jobs Since Election As ADP Employment Growth Weakens

After April and June's disappointment, ADP reports the US economy added 178k jobs in July (less than the 190k expectation and below June's upwardly revised 191k). This is somewhat in line with the 180k expectation for NFP on Friday. Once again Service-providing jobs dominated (+174k vs +4k for goods) with manufacturing losing 4,000 jobs in July.