Jim Cramer from Westfair Online on Vimeo.
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As 2009 winds down it appears we are turning the corner on the Great Recession. Signs of economic recovery dot the road, from Wall Street to Main Street. However, lest we get too optimistic, unemployment remains high, foreclosures and bankruptcies continue on both the residential and commercial sides, and retailers aren”™t too jolly about the holiday returns thus far.
What”™s there to be bullish about?
There is a light at the end of the tunnel. And no, it”™s not an oncoming train. Investors can recoup their losses ”“ and more ”“ but the rules have changed, according to one industry observer who says be believes there”™s always a bull market somewhere.
The Business Journal caught up with Jim Cramer, the host of CNBC”™s “Mad Money,” at Barnes & Noble bookstore in White Plains, N.Y. The unconventional markets commentator was in Westchester recently to promote his latest book, “Getting Back to Even.” Cramer is also the cofounder of and an online columnist at “TheStreet.com,” and “Bottom Line” columnist for New York magazine.