CNBC Television Jim Cramer throws cold water on market peak talk: ’We’re just getting started’

🎯 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: “If you can’t imagine the economy getting much, much stronger than this, the problem is all in your imagination,“ the “Mad Money“ host said. For access to live and exclusive video from CNBC subscribe to CNBC PRO: CNBC’s Jim Cramer on Monday advised that retail investors ignore talk of a potential market top with the economy in recovery mode. “For all the hand-wringing about how this is as good as it gets for the market, today’s action said there’s no peak to be seen,” the “Mad Money” host said. “If you can’t imagine the economy getting much, much stronger than this, the problem is all in your imagination.” The comments come after the S&P 500 closed at a fresh record of 4,, inching up 0.2%. The tech-heavy Nasdaq Composite climbed 0.9% to 14, for its first record close in more than two months. The Dow Jones Industrial Average was the lone decliner of the major indexes, dropping about 0.2% to 33,. The index is within 1% of its highs from more than a week ago. “You could see the money pouring out of the food, drug and packaged-goods stocks, going right into the cyclicals today,” Cramer said. “That tells you the market’s figured it out, refuting all of this peak talk.” Cramer noted that money managers would dump cyclical stocks, or names that outperform in expansionary periods, if the market was actually nearing a peak. However, Americans are expected to spend more on travel and entertainment as the country fully reopens and pulls away from the pandemic-induced downturn. That can explain gains in stocks of movie theater operator AMC, elevator company Otis Worldwide and steelmaker Cleveland-Cliffs, whose shares on Monday climbed 13.2%, 7% and 5.3%, respectively, Cramer pointed out. “This is the start of a new cycle, not the end, one that can benefit all the automakers,” he said. » 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