Jim Cramer makes sense of the consumer conundrum

Thanks for the informative video….. I think BTC and ETH are more likely to retest resistance up and then move down. But as always, the situation changes every day and all we can do is trade responsibly, monitor the markets and re-evaluate our strategies often. I want to thank you John Preston for being my source of crypto education as I comfortably earn 4.7 BTC.........

Indeed. I remember well the "new frugality" in 2008/2009. The economy was "fine" back then, they were just "newly frugal"

J.P. Morgan posted a study at the beginning of the year showing that US consumers hold a staggering 174 trillion in assets vs 20 trillion in liabilities. In fact, just 9% of their disposable income went towards debts, in line with pre-pandemic levels and comfortably below the 13.5% peak seen right before the Great Financial Crisis. Bank of America also recently touched on the solid financial standing of consumers, saying in a recent note that their "unprecedented" $18 trillion in cash deposits should bode well for the economy going forward.

I totally agree. Most big merchants are greedy and prices need to come down. Thank you, Jim!

The question for POOL is how much market have they lost to Heritage.

WMT higher +1.3% Today; up 28.6% YTD.

Investors waiting for PCE Friday. Markets not going anywhere till then.

I don’t want to maintain a pool. I like less things to worry about in life. For example due to NVDA I don’t have to worry about money or working anymore which has been pretty good.

Walmart don't carry some items in store they usually do . And charge for shipping to store. No good !

Awesome!! We won't work and will be paid a universal Wage. Well, unless the Billionaire class gets to keep all the revenues, sort of like they do now.

Three straight days talking about POOL...... Move on Jim.

And pick it from the trash again the next day 😂😂

Where is SVB ?

economy is strong

I warsh, wash wish you'd quid quick quit, stammering and SAY SOMETHING!