Jim Cramer says the Fed can't calm a market where 'nothing is predictable'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

'Nothing in this economy is working like it's supposed to, nothing is predictable',' said CNBC's Jim Cramer.

CNBC's Jim Cramer on Monday said that the market is distorted by unprecedented macro factors, making it difficult for the Federal Reserve to stabilize it.CNBC's Jim Cramer on Monday said that the Federal Reserve cannot get a clear vision of the economy right now because macro factors and unpredictable human behavior are distorting the markets.

Plus, auto demand is, for the first time, high while the economy is concurrently down. That's because the supply strain of semiconductors slowed down auto production creating aThe economy has also been twisted by pandemic-era government financial assistance like unemployment subsidies and student loan forgiveness, which has exacerbated inflation.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

you mean with a senile corrupt clown in office

Boycott Tesla

Didn’t he say we’re in a new bull market just a week or so ago?

Shouldn't this guy be under investigation for market manipulation?

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости