TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer thinks personal consumption dropped following the Trump administration's failed efforts to repeal and replace Obamacare.
"I think that was a major, major mindset change," Cramer said. "We all thought that something could get done in Washington."
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Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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