Cramer says consumers are more frugal, turning from companies without value prices

CNBC's Jim Cramer on Tuesday discussed consumer behavior, saying many are fed up with high prices of certain companies' products and services, such as those in the airline or retail business.

"Consumers at last are finally saying no. They are pushing back on high prices, they are demanding bargains," he said.on Tuesday discussed consumer behavior, saying many are fed up with high prices of certain companies' products and services, such as those in the airline or retail business. "Consumers at last are finally saying no. They are pushing back on high prices, they are demanding bargains," he said. "This rebellion is how inflation's finally wrenched out of the system, and I bet it keeps playing out behind the scenes as long as the Fed takes its time cutting rates to ensure that prices start returning to more reasonable levels.". But cruise lines seem to be performing well, he said, with some boasting about affordable room rates compared to hotels.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer's top 10 things to watch in the stock market TuesdayThe Nasdaq was looking to bounce at Tuesday's open after having its worst session since April.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market TuesdayOn tap Tuesday: Key earnings reports from Alphabet, Tesla and other big companies.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market TuesdayU.S. stock futures rose after better-than-expected earnings and retail sales data.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market TuesdayWall Street pushed higher after more records for the S&P 500 and Nasdaq.
Source: CNBC - 🏆 12. / 72 Read more »