CNBC Television Jim Cramer: Stop talking about stagflation as retailers’ earnings show consumer strength

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: “Mad Money“ host Jim Cramer on Thursday pushed back on suggestions that the U.S economy could enter a period of stagflation, where slowing growth coincides with high inflation. Sign up and learn more about the CNBC Investing Club with Jim Cramer  CNBC’s Jim Cramer said Thursday he believes fears that the U.S. economy is headed for a period of stagflation should be put to rest after a series of impressive retail earnings reports. Stagflation is a term used to describe slow economic growth at a time of high inflation. It was initially spotted in the 1970s, but some commentators have warned the world’s largest economy could return to it, as inflation runs hot and the recovery from pandemic damage decelerates. Recent quarterly results from a handful of retailers from department store chain Dillard’s to watch maker Fossil, however, shed light into the strength of the U.S. consumer and suggest economic activity remains robust, Cramer said. “That’s it. Don’t want to hear another word about stagflation,” the “Mad Money” host said. “There’s nothing stagnant about this economy. In fact, retailers may be experiencing their strongest quarter in history. I know I use a lot of superlatives, but that’s not hyperbole.” Dillard’s, for example, earned $ per share when Wall Street only expected $, helping send its stock up 10% Thursday. “There’s so much demand that Dillard’s doesn’t have to run any promotions to get people in the store. That’s a staggering feat,” Cramer said. Fossil, on the other hand, surged 23% on Thursday after reporting “a glorious” quarter, Cramer said. “In the old days, Fossil used to discount everything. Not this time,” he said. “When these retail stocks lead, many others follow. It’s just one more sign that, despite the endless handwringing about inflation and stagflation from the so-called experts, or possibly supply-chain induced shortages, shoppers remain undaunted and eager to buy.” » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBCTV