CNBC: Jim Cramer Says Market Rallies Will Have a 'Short Shelf-life' Until the Fed Beats Inflation

Article by Krystal Hur in CNBC financial website

CNBC’s Jim Cramer on Monday warned that any market rally will be temporary until the economy cools down.

“Right now you can get a bounce. Without some more data that shows the Fed’s actually winning the war against inflation, though, rates will keep going relentlessly higher and any rally will … have a very short shelf-life,” he said.

The Nasdaq Composite’s losses for the year are more than 32% after Monday’s slide, while the S&P 500 is down by more than 24% so far this year.

Markets have been roiled in 2022 due to .......

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