Jim Cramer Says Wall Street Should Stop the ‘Now Is the Time to Get Out' Calls

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While persistent inflation and the Fed’s battle against it could further wreck the market, the declines are nothing new, the “Mad Money” host said.

CNBC's Jim Cramer on Wednesday said that investors urging traders to exit the market while they still can are about a year too late.

"I'm done with all the 'now is the time to get out' calls – where the heck were you ten months ago when it mattered?" he said. CNBC's Jim Cramer on Wednesday said that investors urging traders to exit the market while they still can are about a year too late. "I'm done with all the 'now is the time to get out' calls — where the heck were you ten months ago when it mattered? It's not just the post-Covid kiss of death, it's multiple kisses, multiple fatalities,"Stocks rose slightly higher on Wednesday as they fought to recover after the major indices saw the biggest single-day drop in over two years.

Source: News Formal (newsformal.com)

 

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