Invest in Companies That ‘Think Twice' About Hiring During a Fed-Mandated Slowdown, Jim Cramer Says

The Federal Reserve has increased interest rates this year to tamp down skyrocketing inflation, sparking fears about a looming recession. The Fed's next meeting will take place later this month, and investors expect a 75- or 100-basis point rate hike after June's red-hot inflation numbers.

Cramer told investors that instead of nervously eying large companies and their hiring moves, they should focus on taking a long-term strategy for their portfolios. "Take long-term positions in what you like or simply buy a very good index fund in terms of the low cost, and hold it. That's been the best form of investing and it's one that historically handily beats inflation," he said.for the CNBC Investing Club to follow Jim Cramer's every move in the market.

He's a wall street mouth piece. Wall St so desperately wants a recession to be able to impose their rules and desires on us to reinflate the trading Market

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