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CNBC’s Jim Cramer Declares ‘The Economy is a Juggernaut Now’ Headed for Historic ‘Boom’
Posted on 12/8/21 at 12:59 pm
Posted on 12/8/21 at 12:59 pm
quote:
Excitable CNBC host Jim Cramer told viewers that “the economy is a juggernaut right now,” and is headed for a “boom” the likes of which haven’t been seen in 100 years.
On Wednesday morning’s edition of CNBC’s Squawk Box, Cramer was asked to describe the financial outlook now that it appears the Omicron variant will not have a catastrophic impact on the economy.
“I think the market starts focusing on how strong the economy is,” Cramer said, describing the conditions that led to, and past, a big selloff when the variant first emerged.
Cramer went on to say that “we are at a point where we have to say, You know what? … We’ve got to go and lead our lives,” and that “everything one that you’re focused on right now is going to go higher. It’s a great place to be.”
“But also the economy is a juggernaut now and we can accept the fact that we have to have rate increases and not kill the market,” Cramer added.
Later in the show, Cramer shared that he was working on what I’m going to say for his investment club, “and I just keep coming back to one word: boom.”
“I think that we could go to a period where we have an economic boom, not unlike the post-World War One,” Cramer added.
LINK
Posted on 12/8/21 at 1:02 pm to hottub
Yes. Definitely time to sell.
Posted on 12/8/21 at 1:02 pm to jatilen
quote:
“I think that we could go to a period where we have an economic boom, not unlike the post-World War One,” Cramer added.
And how did that end? The Great Depression and World War II.
Posted on 12/8/21 at 1:03 pm to jatilen
I’d sooner take financial advice from Cosmo Kramer than Jim Cramer at this point. Covid made Cramer lose his fricking mind.
Posted on 12/8/21 at 1:03 pm to Auburn1968
quote:
What's he smoking?
Crack laced with Speed, washed down with a pot of espresso?
Posted on 12/8/21 at 1:04 pm to jatilen
quote:
“we are at a point where we have to say, You know what? … We’ve got to go and lead our lives,”
Didn't he just voice support of the government forcing unvaccinated folk to stay at home?
Posted on 12/8/21 at 1:06 pm to THRILLHO
LOL - He must have been in on the meeting with the Brandon lackeys trying to pump up the narrative
Posted on 12/8/21 at 1:08 pm to jatilen
I see Cramer was included on the WH meetings where the admin instructed the mouth pieces in TV to paint a better economic picture.
Posted on 12/8/21 at 1:08 pm to OMLandshark
Here is all you need to know about Jim Cramer. Telling people to keep their money Bear Stearns a week before it went defunct. Told his viewers not to be silly.
No, No, No don't be silly
No, No, No don't be silly
Posted on 12/8/21 at 1:09 pm to jatilen
If you want to do well in the market. Do the opposite of what Jim Cramer says. He's a contrary indicator.
Posted on 12/8/21 at 1:09 pm to jatilen
What is he smoking and where can I get some?
Posted on 12/8/21 at 1:11 pm to Auburn1968
quote:
What's he smoking?
Have you followed the market in 2021?
Posted on 12/8/21 at 1:12 pm to Tbonepatron
Always remember the day the OT trolled his dumb arse.
Posted on 12/8/21 at 1:15 pm to jatilen
Nothing has improved since the summer. These people are blind, dumb, retarded and getting paid good money to lie. Then again, lying is just telling their viewers what they want to believe.
Posted on 12/8/21 at 1:15 pm to jatilen
quote:
Jim Cramer told viewers that “the economy is a juggernaut right now,” and is headed for a “boom” the likes of which haven’t been seen in 100 years.
Better get out while you can.
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