Cramer Quick Take: Don't Get Complacent on Europe
NEW YORK (TheStreet) -- Put Europe back on your radar, Jim Cramer told Debra Borchardt at TheStreet.com Thursday. The state of affairs in Europe remain bad and continued inconsistency from its leaders may still affect U.S. stocks.
European leaders want their currency lower, said Cramer, yet interest rates in the region still remain higher than in the U.S., a policy that continues to baffle investors. While some areas of Europe are stabilizing, others still suffer from record unemployment.This inconsistency may affect international stocks in 2013, Cramer concluded, even after being off our radar since the elections in November.
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-- Written by Scott Rutt in Washington.
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