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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 by jatilen
Member since May 2020
13608 posts
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 by Auburn1968
NYC
Member since Mar 2019
19691 posts
Posted on 12/8/21 at 1:00 pm to
What's he smoking?
Posted by hottub
Member since Dec 2012
3363 posts
Posted on 12/8/21 at 1:01 pm to
So time to sell?
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7404 posts
Posted on 12/8/21 at 1:02 pm to
Yes. Definitely time to sell.
Posted by Quidam65
Q Continuum
Member since Jun 2010
19311 posts
Posted on 12/8/21 at 1:02 pm to
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 by Tbonepatron
Member since Aug 2013
8447 posts
Posted on 12/8/21 at 1:02 pm to
Posted by OMLandshark
Member since Apr 2009
109076 posts
Posted on 12/8/21 at 1:03 pm to
I’d sooner take financial advice from Cosmo Kramer than Jim Cramer at this point. Covid made Cramer lose his fricking mind.
Posted by ChexMix
Taste the Deliciousness
Member since Apr 2014
25162 posts
Posted on 12/8/21 at 1:03 pm to
Cramer got paid off
Posted by Liberator
Ephesians 6:10-16
Member since Jul 2020
8715 posts
Posted on 12/8/21 at 1:03 pm to
quote:

What's he smoking?

Crack laced with Speed, washed down with a pot of espresso?
Posted by THRILLHO
Metry, LA
Member since Apr 2006
49524 posts
Posted on 12/8/21 at 1:04 pm to
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 by 14&Counting
Eugene, OR
Member since Jul 2012
37700 posts
Posted on 12/8/21 at 1:06 pm to
LOL - He must have been in on the meeting with the Brandon lackeys trying to pump up the narrative
Posted by Chazreinhold
Utah
Member since Oct 2020
5786 posts
Posted on 12/8/21 at 1:07 pm to
This guy is a F’ing Commie and a Stink Finger Joe Supporter.


CNBC host suggests nationwide vaccine mandate: 'Have the military run it'


Thehill
Posted by LSUnation78
Northshore
Member since Aug 2012
12085 posts
Posted on 12/8/21 at 1:08 pm to
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 by burger bearcat
Member since Oct 2020
8912 posts
Posted on 12/8/21 at 1:08 pm to
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
Posted by Taxing Authority
Houston
Member since Feb 2010
57379 posts
Posted on 12/8/21 at 1:09 pm to
If you want to do well in the market. Do the opposite of what Jim Cramer says. He's a contrary indicator.
Posted by teke184
Zachary, LA
Member since Jan 2007
96421 posts
Posted on 12/8/21 at 1:09 pm to
What is he smoking and where can I get some?
Posted by TBoy
Kalamazoo
Member since Dec 2007
23819 posts
Posted on 12/8/21 at 1:11 pm to
quote:

What's he smoking?

Have you followed the market in 2021?
Posted by Oates Mustache
Member since Oct 2011
22187 posts
Posted on 12/8/21 at 1:12 pm to
Always remember the day the OT trolled his dumb arse.
Posted by artisticsavant
Member since Mar 2017
5008 posts
Posted on 12/8/21 at 1:15 pm to
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 by Tangineck
Mandeville
Member since Nov 2017
1835 posts
Posted on 12/8/21 at 1:15 pm to
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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