CNBC's Jim Cramer on Wednesday said that investors should judge stocks individually rather than on fears of a looming recession, after the Federal Reserve indicated it could start taking a softer approach to raising interest rates.
"The Fed looks to be out of the way until the next meeting in September — maybe they're ahead of the game, even — with the data starting to go their way," the"Mad Money" host said. CNBC's Jim Cramer on Wednesday said that investors should judge stocks individually rather than on fears of a looming recession, after the Federal Reserve indicated it could start taking a softer approach to raising interest rates.
"The Fed looks to be out of the way until the next meeting in September — maybe they're ahead of the game, even — with the data starting to go their way," the""So, let's go case by case and I bet that with a softer background, the best earnings will be rewarded with higher stock prices, while the declines in everything else at last could be more muted,"Download NBC 5 Dallas-Fort...
Thanks for the heads up. I’ll be doing the opposite. InverseCramer