Cramer says don't be complacent ahead of Fed meeting: 'I do not trust a benign market like this one'

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CNBC's Jim Cramer told investors on Friday to be wary of the week — especially Wednesday's Fed meeting — even though the market's been fairly calm.

CNBC's Jim Cramer told investors on Friday to be wary of the week ahead, even though the market's been fairly calm and its rumored the Federal Reserve's Wednesday meeting won't conclude with steep hikes.CNBC's Jim Cramer told investors on Friday to be wary of the week ahead, even though the market's been fairly calm and the Federal Reserve's meeting on Wednesday is not rumored to bring about monumental rate hikes.

"No surprise to regular viewers, I do not trust a benign market like this one," Cramer said. "Too many things can surprise you, too many things can make you panic, and of course can make you sell, because if you came in at these levels — you started buying today say — you likely won't have much conviction if the market takes a sudden swoon."

 

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