Jim Cramer says a slowdown in the logistics industry suggests inflation could be coming down

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Stocks saw their biggest rally since 2020 on Thursday after October's consumer price index data came in lighter than expected.

CNBC's Jim Cramer on Thursday said that inflation could finally be cooling off as the freight industry's pandemic boom wanes.

"Why would the Fed need to keep tightening ever harder if the root cause of inflation, moving stuff from place to place, is finally going in the right direction?" he added.came in lighter than expected"When you look at all the positives that went … into today's CPI reading, you keep coming back knowing it was just hard to move goods around," which led to inflated prices for consumers,that logistics giant C.H.

 

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It also suggests recession...

Did he say this before or after the CPI came out? 🤔

We're doomed.

Lenny Dykstra advise?

He changes his mind like the wind

He also said to buy Facebook right before it’s stock collapsed

Great! THIS means inflation hasn’t PEAKED

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