Wall Street

Cramer’s Mad Money Recap 6/8: Stagflation, mortgages, crude prices

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The Street

By Scott Rutt Jim Cramer says he doesn’t see the economy falling into stagflation. He thinks we just got overheated coming out of the pandemic and now need time to cool off. There aren’t many dirty words on Wall Street, but stagflation is one of them, Jim Cramer told his Mad Money viewers Wednesday. With stagflation, you get the worst of both worlds, an economic slowdown and rampant inflation. Fortunately, Cramer doesn’t see our economy falling into stagflation. Instead, he said, we just got overheated coming out of the pandemic and now need time to cool off. That cooling is already starting t…

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