CNBC – The fundamentals do matter, Cramer said Thursday, but often times not as much as hedge funds.
This was especially true today, as the Dow soared 273 points and the S&P 500 added a big 3%. Sure, the good news we got out of China, that its exports and imports were strong, certainly added to the move, but the real driver was the huge amount of cash that hedge funds wield and the way they employ it.
