CNBC's Jim Cramer on Monday warned that any market rally will be temporary until the economy cools down.
CNBC's Jim Cramer on Monday warned that any market rally will be temporary until the economy cools down. Stocks fell on Monday ahead of the release of producer price index and consumer price index data later this week, which will shed more light on the state of inflation. The Nasdaq Composite's losses for the year are more than 32% after Monday's slide, while the S&P 500 is down by more than 24% so far this year.
What happens when those chuckleheads realize they beat inflation three months too late?
Wow
Spot On Jim 🤏👍❗
Jesus be praise .we going up long heh
Which is why I told my club members to buy everything and know there’re poor - he added.
The Fed never beats inflation. The consumer beats inflation. When all of you learn that is when we stop repeating history. The FED has created more inflation and wealth destruction than they EVER solved.
Finally he said something credible
The king has spoken
like defnotES2 said , well done Jim
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Source: CNBC - 🏆 12. / 72 Read more »