- Finance expert Jim Cramer is optimistic about the economy: “no recession seen.”
- The host cited strong corporate earnings for his bullish outlook.
- Cramer’s track record of making inverse calls raises doubts among investors.
Jim Cramer, the popular host of CNBC’s “Mad Money,” recently shared his optimistic views on the state of the economy, stating that he does not foresee a recession on the horizon. However, Cramer’s track record of making inverse market calls, particularly in the cryptocurrency sector, has left many investors and experts skeptical of his latest analysis.
In the report, Cramer expressed confidence in the current economic conditions, citing strong corporate earnings in homebuilding, banking, and travel and leisure sectors, as reasons for his bullish outlook. According to the host:
Earnings season has shown the recession thesis just doesn’t hold up under close scrutiny, even if so many so-called experts tell us otherwise.
Critics, however, were quick to remind the public of Cramer’s history of making inverse calls. The finance expert’s statements have been widely criticized, with analysts pointing out the inaccuracies in his market cal…
The post Jim Cramer Says No Recession on the Horizon — Is He Right This Time? appeared first on Coin Edition.
The post Jim Cramer Says No Recession on the Horizon — Is He Right This Time? appeared first on Coin Edition.