CNBC’s Jim Cramer said Monday he doesn’t think the stock market will drop in December as it did last year.
“Nothing worries me in the sense of looking for a big sell-off in December,” Cramer said on “Squawk on the Street.”
“I’m seeing ‘green shoots’ in Europe from auto sales,” the “Mad Money” host said, referring to signs of economic recovery in a downturn. European car sales rose 8.6% in October to their highest level since 2009. However, global car sales are expected to see their steepest year-over-year decline since the 2008 financial crisis.
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