InvestorsHub Logo
Followers 212
Posts 14035
Boards Moderated 0
Alias Born 03/25/2006

Re: None

Tuesday, 09/20/2022 8:33:22 PM

Tuesday, September 20, 2022 8:33:22 PM

Post# of 5057
At least Cramer NOW tells it like it IS and is going to BE for the foreseeable future!:

"Cramer reminded investors that more pain is ahead, and the market’s loss is Powell’s gain. Stocks represent purchasing power since investors can sell them for cash, and the Fed chief needs people to have less of that power in order to stamp out inflation, he explained.

In addition to bringing down the price of stocks and goods, Powell needs to tamp down wage inflation, he added."


https://www.cnbc.com/2022/09/20/cramer-market-rallies-will-be-sporadic-until-inflation-comes-down.html

The reason for global warming is because hell is getting hotter.