Daymond John, Best And Worst Of The Dow In 3Q & Uber vs. Lyft 10/10/22
Mad Money w/ Jim Cramer
00:00
We're Not Going Out of Business, Just for the Great Recession
More than 300 stocks went to zero in that earlier vintage, which if you're keeping track amounts of about 90% of the entire IPO crop. Today we're seeing a lot of declines in the new republic stocks, but mercifully, they're not going out of business. The Fed only has one tool blunt instrument to make that happen: raising interest rates. People will look back two or three years from now and say, wow, they put us in such a nasty recession? See what happens.
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