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Jim Cramer: The Ultimate Case for the Leap of Taste Not Faith

Jim Cramer

Let's stop marveling that the market keeps going higher and instead put pen to paper and write it all down and make sense of it because this rally is out of nowhere yet, remarkable and yet, I would argue, understandable and while some of it is based on leap of faith a lot of it is based on leap of taste, meaning good tasting stories that money managers are getting behind. When you pick up the front page of the Journal you read that the brother of the paramour of Jeff Bezos is thought to have sold out Bezos for $200,000 in lewd pictures. The humongous engine that is Amazon Web Services, the 47% grower that is more profitable than any of the companies it powers.