Cramer Remix: Why 3M’s pullback is a gift
https://www.cnbc.com/2017/10/26/cramer-remix-why-3ms-pullback-is-a-gift.html
Times of economic difficulty tend to bring up talk of "safety stocks," but in times of economic prosperity, CNBC's Jim Cramer sees that narrative flip.
"What if the definition of safety is changing right before our eyes? What happens when what's prudent suddenly becomes what's reckless and what used to be reckless becomes responsible?" the "Mad Money" host asked. "That, gentle viewer, is exactly what we are seeing in this market."
Cramer Remix: Why 3M’s pullback is a gift
Oct 26, 2017, 11:34pm UTC
https://www.cnbc.com/2017/10/26/cramer-remix-why-3ms-pullback-is-a-gift.html
>Times of economic difficulty tend to bring up talk of "safety stocks," but in times of economic prosperity, CNBC's Jim Cramer sees that narrative flip.
>"What if the definition of safety is changing right before our eyes? What happens when what's prudent suddenly becomes what's reckless and what used to be reckless becomes responsible?" the "Mad Money" host asked. "That, gentle viewer, is exactly what we are seeing in this market."