Published 6 mins agoCNBC's Jim Cramer on Wednesday laid out five scenarios that could improve the market and help interest rates reach their peak.on Wednesday laid out five scenarios that could improve the market.
To Cramer, interest rates need to stabilize in order for stocks to trade based on company fundamentals, and these factors could help rates reach their peak.Cramer said there needs to be more buyers than sellers on the bond market. He said he thinks this could occur if bond yields go higher and prices go lower.Weaker economic data would allow the Federal Reserve to ease up on rate hikes, Cramer said.Unless job growth ends and job reductions begin, Cramer said interest rates will continue to rise.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: NBCDFW - 🏆 288. / 63 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: NBCLA - 🏆 319. / 59 Read more »
Source: NBCDFW - 🏆 288. / 63 Read more »