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CNBC Tech

Jim Cramer says there's an 'incredibly jarring gulf between stock prices and reality'

Thursday, August 20, 2026


Jim Cramer, host of CNBC's "Mad Money," said stock valuations are not aligned with economic conditions. He cited concerns about consumer spending, rising oil prices, and elevated interest rates as factors creating a gap between market prices and underlying business performance.

Original reporting: https://www.cnbc.com/2026/08/20/jim-cramer-jarring-gulf-stock-prices-reality.html

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