Why The Inflation Reduction Act is Bad for Stocks - Jim Cramer

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Posted by CNBC (99..201.63) on August 08, 2022 at 11:19:25:


If you hate global warming, you got a big win this weekend with the Inflation Reduction Act. But if you care about the stock market and inflation, then you got a big loss with the Spend Our Way to Oblivion Act, or SOWOA.

I am very pro anything that can slow global warming or reverse it. But I am really here to help you make money and suffice it to say my job—and your rewards—just got tougher again.

-Jim Cramer

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