. The current benchmark rate stands at 2.25% to 2.5%. Fed Chair Jerome Powell initially planned to continue raising rates in 2019, but shifted his outlook in the months following a rate hike last December that induced a brutal market-wide sell-off.
"When this kind of rotation gives you a pullback in a group like the 'Cloud Kings,' that's a long-term buying opportunity," Cramer said. "Just remember that you can afford to take your time ... [because] I don't think" the rotation has ended.Questions for Cramer?
THIS is what bullshit faux markets look like. If the U.S economy is “BOOMING” as they portend, there would be no need for the fed to have been continuously spoon feeding them money since 2007 !!! Jus’ sayin’
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