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Index avoidance: Summary of Cramer ‘Mad Money’ (Wednesday, 18.11.20)

Today we saw the power of positive thinking, Jim Cramer told his viewers at Mad Money on Wednesday. As stocks went down, investors welcomed the move, which ultimately gave them a good chance to buy.

In the past, big macro events mattered, Cramer explained. In fact, almost half of the share performance has nothing to do with the company itself, but rather with its sector and the economy as a whole. But in today’s market, investors are again focused on individual stocks.

Make no mistake, index funds are still very popular, Cramer added, but money only flows into stocks. Interest rates remain low, giving investors few other alternatives for long-term growth.

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