Yellen's comments rattled the market, not the Fed rate hike, Jim Cramer says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The Federal Reserve's quarter-point rate hike 'seems just right,' said CNBC's Jim Cramer.

CNBC's Jim Cramer on Wednesday said that the market got distracted by Janet Yellen's remarks on bank failures rather than focusing on the stability reflected in the Fed rate hike.

Cutting through the fear, Cramer explained that the Fed's moves today should not have been anything to worry about.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Well...if he says so...then...

Well, looking at the history of the Fed under Bernacke, Yellen and Powell, it seems obvious that these aren't brilliant economists with the capability of steering a steady ship. The look like they are asleep half the time and reactionary the rest.

No, your comments shock the market! Quit passing the buck

She has just become a political tool

I thought Jim Cramer would know about the trend line but I guess CNBC is here to make retail investors their liquidity pool.

Even if true, so what?

File under: Capitalists panic when the protections of socialism are denied to them. Yellen isn’t the problem, the craven hypocrisy of capitalists is.

He liked ET. 4 weeks ago tonight he dislikes it? thanks Jim.

jimcramer also loved SVB

If the regulators did their job & politicians were not bought off to loosen regs, this would not be necessary as it would present a moral Hazzard where banks would take even more risk. FIDC insurance should bechigher, & special acct. status for payroll accts can be established.

It was bc Powell confirmed no cut this year

Ask him if I can still buy in on his SVB tip

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer says investors need to take a 'longer view' to survive this volatile market'Anyone who thinks they know what’s gonna happen in the next hour or two is wrong,' CNBC's Jim Cramer said on Tuesday. Short longer view Who in the fuck would ever listen to this clown?! Uh oh
Source: CNBC - 🏆 12. / 72 Read more »

Fed recap: All the market-moving comments from Fed Chair Powell after rate hikeThe Federal Reserve announced a 25 basis point rate hike on Wednesday. The increase was widely anticipated by the market. Bull case for your bearish report: He also said banking fallout and credit tightening could have the same effect as rate hikes potentially leading to cuts. Everything continues to be hinged on inflation. 5% inflation means less excitement around the topic😊 Absolute dumpster fire of an administration. This would be comical if it wasn’t ruining people’s lives. BidenIsAFailure
Source: CNBC - 🏆 12. / 72 Read more »