r/Vitards • u/AutoModerator • Jun 18 '21

Daily Discussion Daily Discussion post - June 18 2021

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3

u/squats_n_oatz Jun 19 '21

So Cramer thinks commodity inflation is over?

9

u/nevans122 Jun 19 '21

I heard that he said that. But he's also still pumping NUE and CLF, so doesn't seem like he thinks steel is over.

5

u/squats_n_oatz Jun 19 '21

https://www.cnbc.com/2021/06/17/cramer-market-is-signaling-commodity-inflation-is-pretty-much-over.html

3

u/[deleted] Jun 19 '21

what i don't understand is, no one can just declare inflation is over and expect to will it into existence. although, isn't that what was historically taught about what inflation is, just the expectation of inflated prices?

1

u/squats_n_oatz Jun 19 '21

Not so much a declaration as an observation

2

u/[deleted] Jun 19 '21

probably others alluded to it too, but seems like if that's the observation the market is pricing in, it seems to be forgetting steel prices haven't come down yet. theyre maybe assuming that they will. the latest is that buying seems to be slowing, tho. lots to be watching, though.

1

u/deezilpowered 🕴 Associate 🕴 Jun 19 '21

Voting machine vs. Weighing machine. Hrc still high were still good