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.
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