CNBC’s Jim Cramer on Wednesday said that investors exiting the market after Federal Reserve Chair Jerome Powell’s hawkish speech are acting too rashly.
Stocks fell Wednesday after the Fed raised interest rates by 50 basis points and forecasted hiking rates through next yearCNBC's Jim Cramer on Wednesday said that investors exiting the market after Federal Reserve Chair Jerome Powell's hawkish speech on Wednesday are acting too rashly. "I have no doubt there will be more people bolting from stocks tomorrow morning, believing they've been given a tremendous opportunity to get out well ahead of when things accelerate to the downside. I think they're being too frantic," he said.
Yes, here I agree. In the crypto market, one should not make hasty decisions, this will either lead to the collapse of the market in the end or to bankruptcy.
What did Lamer have to say? Who cares?
CNBC... can you give us an option to filter anything cramer? Your general news and interviews are good, but anything jim, has grown dead already.
It's official ...time to run
Short
Let them buy $3 for $1000
Okay, so now we have a conclusive case to sell everything and invest in barrels and straps.
This guy was all but an FTX poser child, please hang in there and lose it all, Gee Thanks.
The speech was the exact same as the last one the just updated the number. J Powell literally repeated himself
President Joe Biden’s administration on Thursday announced the infusion of nearly $36 billion to shore up a financially troubled mob pension plan, preventing severe cuts to the retirement incomes of about 350,000 Teamster workers and retirees across the United States. 
Jim is correct it's an overreaction. The Fed is ultimately data driven and will not stick to any path religiously. If inflation stays low, there will be no further hikes.
Powell said we need more illegals to make the economy work. I'm out.
If you're still trusting mad money for investment advice after the 2008 housing market crash and the crypto crash, you deserve to lose every penny, and go cold.
Everybody get out now
Run hard and fast if this clown is begging you to hold his friends bags.
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Source: CNBC - 🏆 12. / 72 Read more »
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