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Sunday, March 3, 2024

Cramer says the stock market hasn’t priced in a post-vaccine economic boom

  • "The market has not priced it in. Not at all … I think that the animal spirts of people will override even what we see in the stock market," Jim Cramer said Thursday.
  • The S&P 500 has gained more than 8% since Pfizer announced its preliminary phase three results on Nov. 9, with stocks rising despite turmoil in Washington and the economic recovery slowing.
  • Cramer made the comments in response to an interview on "Squawk Box" with BlackRock CEO Larry Fink, who predicted an economic boom during the back half of 2021.

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