Jim Cramer explained why he doesn’t believe the economy will enter a severe recession.
CFOs expect the Dow Jones Industrial Average to fall below 30,000 and the economy to enter a recession next year, according to a CNBC survey.
Tesla shares slid 11% on Tuesday with investors continuing to flee the electric vehicle maker and CEO Elon Musk.
The famed investor expects a mild recession could take a turn for the worse on tightening monetary policy.