Jim Cramer says market rallies will have a ‘short shelf-life’ until the Fed beats inflation

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Stocks fell on Monday ahead of the release of producer price index and consumer price index data later this week.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

5 things to know before the stock market opens MondayHere are the most important news items that investors need to start their trading day.
Source: CNBC - 🏆 12. / 72 Read more »