CNBC's Jim Cramer gushes over economy as 'strongest... I have ever seen': 'A marvel to behold'
Fox News
The CNBC star offered a full-throated endorsement of the current state of the economy, predicting a sunny outlook for 2022.
"We have all spotted the ‘Help Wanted’ signs, the housing and apartment shortages, the tremendous demand for goods and services- a marvel to behold," Cramer said. "Oh, people are confident about their jobs. I say fantastic. And the ability [they] can get better ones if they want to. They're spending more than I've ever seen but they're doing it with cash, not with credit. They're doing so in a Roaring Twenty's style!"
Cramer went on to defend Federal Reserves Chair Jerome Powell for raising interest rates to make sure "we have some but not too much inflation" and knocked "the media and money managers" for spinning a "fear-based narrative every time Powell talks."
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