CNBC's Jim Cramer on Tuesday said that any rallies in the market will be short-lived as long as inflation remains persistent.
"Sometimes you don't need to know the price of the Dow, you just need to know the price of Kerrygold butter or a Lennar three-bedroom," the"Mad Money" host said. CNBC's Jim Cramer on Tuesday said that any rallies in the market will be short-lived as long as inflation remains persistent. "Sometimes you don't need to know the price of the Dow, you just need to know the price of Kerrygold butter or a"If they come down — not just versus last year, but versus two years ago or three years ago — then your stocks can maintain, if not go higher," he added.
$MAIA rally to quickville
And inflation can’t won’t come down until exec salaries are also adjusted and pay increases for staff and middle taper off as labor is largest driver of inflation now
Inflation is probably gonna stay for the long term.
I though June low was bottom.. so it wasn’t now until inflation comes down
Taco Tuesday 🌮
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