EUA e Irão chegam a acordo sobre cessar-fogo após troca intensa de ameaças

[Infoo]

o Cramer é dos tais americanos que não sabe que Portugal existe, senão não dizia aquilo

mas por cá temos uma divergência maior.... por aqui a bolsa anda mais eufórica que por lá.... traduzindo muito bem a máxima de que ... muitas vezes a Bolsa de Valores do País não dá uma imagem verdadeira da economia/nível de vida do país.

[Ulisses Pereira]

"Yes, the GDP Is Really That Bad"

By Jim Cramer
RealMoney.com Columnist
5/31/2007 9:49 AM EDT

"It is not the Federal Reserve's job to make us the lowest-growth nation on Earth. It is not the Fed's job to accept anemic growth.

Yet we get a GDP number like the one this morning, and people yawn and await more data, or they focus on the inventory-build possibilities now that the inventories are lean, and they say it is a meaningless or even a positive number for the future. (See Tony Cresczeni's analysis in Columnist Conversation).

To me, this analysis is just plain wrong. Our economy is being kept back by autos, housing and now retail. (Don't' believe me? Go read about the Lowe's (LOW - commentary - Cramer's Take - Rating) and Sears (SHLD - commentary - Cramer's Take - Rating) and Home Depot (HD - commentary - Cramer's Take - Rating) and Costco (COST - commentary - Cramer's Take - Rating) and Wal-Mart (WMT - commentary - Cramer's Take - Rating) and Circuit City (CC - commentary - Cramer's Take - Rating) and Best Buy (BBY - commentary - Cramer's Take - Rating) quarters. Go read about the Federated (FD - commentary - Cramer's Take - Rating) quarter. These are dismal.

Then look at the incredible declines in auto sales. And then look at the numbers from some of the largest homebuilders, Pulte (PHM - commentary - Cramer's Take - Rating), for example, which is stil -- that's right, still -- trying to rightsize itself for the decline and simply can't do it. There's just not enough business.

With the exception of retail, which will go from disastrous to just plain bad, all of these areas are awful and not getting better.

Where is the strength? Almost 100% rest-of-world. This is an export-driven economy, and it seems that the Fed doesn't get that. Or it is content with no growth, because all it cares about is inflation.

I read it differently. I see no improvement in the economy. I see the Fed eventually reacting to that. It hasn't happened yet. But it will.

And then we will get cuts. We will get them.

Our terrible non-growth is a worldwide embarrassment, reminiscent of Germany in the 1990s. Any other country's central bank would be appalled, and not content at all, regardless of inflation, which we know is really imported from China when it comes to minerals or designated by our government's ridiculous obsession with non-economic ethanol.

Lower shorter-term rates would help all three damaged segments of the economy. And I am not banking on a stronger economy off these numbers. Just the opposite. Only then would the Fed finally have to take action. And it will, in my humble opinion.

At the time of publication, Cramer was long Sears Holdings. "

(in www.realmoney.com)