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Jim Cramer slams market peak talk, says economy is at start of new cycle

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CNBC’s Jim Cramer on Monday advised that retail investors ignore talk of a potential market top with the economy in recovery mode.

“For all the hand-wringing about how this is as good as it gets for the market, today’s action said there’s no peak to be seen,” the “Mad Money” host said. “If you can’t imagine the economy getting much, much stronger than this, the problem is all in your imagination.”

The comments come after the S&P 500 closed at a fresh record of 4,187.62, inching up 0.2%. The tech-heavy Nasdaq Composite climbed 0.9% to 14,138.78 for its first record close in more than two months.

The Dow Jones Industrial Average was the lone decliner of the major indexes, dropping about 0.2%…



Source cnbc.com

Stock futures are flat after S&P 500 and Nasdaq close at record highs

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