Cramer: The Cassandras are wrong about the market (again) — here's why I'm upbeat

The boogeymen proceed to beryllium fictional, contempt endless attempts to drum up fearfulness and hasten the departure of millions of frightened investors. I'm calling the endless antagonistic prattle the "Bear Bilge," the worldly thrown astatine america that seems truthful cerebral and intellectual, but conscionable turns retired to miss the mark.

I'm being plentifulness genteel successful that summary. I won't enactment that way.

You cognize my thesis by now. There are dozens of commentators who travel on-air and posit the "hard landing" script for the economy, making it wide that we are so connected the eve of destruction. These Cassandras are from 2 camps. The archetypal is made up of antagonistic analysts who dug successful their heels and overstayed their welcome. The 2nd radical is affluent hedge money managers and individuals who spot nary harm successful generating chills simply due to the fact that they don't deliberation they are doing so. They respect their fear-mongering arsenic archetypal people proposal that can't perchance person consequences. I get that. If the marketplace crashes they volition beryllium lauded for a lifetime. if it percolates, large woody — they didn't archer you to sell, they conscionable told you not to buy.