WATCH: Jim Cramer Freaks Out Over Delta Variant, Predicts We Could See ‘100 Million People Sick in 9 Weeks’
CNBC financial pundit Jim Cramer sounded the alarm about the Delta variant of the coronavirus, predicting that the U.S. could see 100 million people stricken by the disease “in 9 weeks.”
On Wednesday morning’s edition of The Street Live, Cramer delivered a dismal forecast based on recent market performance on the heels of news that the CDC would (and then did) revise mask guidelines in the face of the Delta variant.
Interviewing Cramer on the trading floor, Jeff Marks asked Cramer what effect he thought the new CDC mask guidance would have on the market.
Cramer began by telling Marks to “look at Starbucks, which is getting crushed, on a good quarter by the way,” and asked Marks to consider what happens if “the great reopening” becomes “the great reclosing?”
“I mean in order to be able to get to herd immunity in this country, we’re going to have to have 100 million people get Covid,” Cramer said. “Now they won’t, we know it that doesn’t necessarily lead to death, leads to hospitalization, but with the way that this Delta variant goes, 100 million could be very quickly.”
Cramer then declared “I wouldn’t be surprised if we got a hundred million people sick in 9 weeks.”
Marks reacted to that alarming prediction in the most finance-bro way imaginable. Without missing a beat, he told Cramer “Let’s dig into that Starbucks quarter a little further.”
Watch above via CNBC.
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