CNBC’s Jim Cramer Isn’t Buying ‘V-Shaped Recovery’ Despite S&P 500 Hitting All-Time High: The Economy is in ‘Precarious Shape’

Despite the fact that the S&P 500 just hit a record high, CNBC’s Jim Cramer is skeptical about the state of the U.S. economy.

Speaking on Mad Money Wednesday night, Cramer argued that the stock market is not an accurate barometer of the “broader economy.”

“We’ve had a magnificent V-shaped recovery in the stock market, but the stock market’s not a great reflection of the broader economy anymore,” Cramer said. “If anything, the actual economy’s in precarious
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