. 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’
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Cramer: 'Better-than-feared' Apple earnings may be enough to pop the stock and overall market'People really feared this earnings period,' CNBC's Jim Cramer says. 'It turns out that that fear was not justified.'
Lees verder »
Cramer: 'Better-than-feared' Apple earnings may be enough to pop the stock and overall market'People really feared this earnings period,' CNBC's Jim Cramer says. 'It turns out that that fear was not justified.'
Lees verder »
These stocks are winners when the Fed decides to start cutting ratesFor investors looking to play the anticipated rate cut, here are the sectors that have done well in the past when the Federal Reserve embarked on easing cycles.
Lees verder »
Buy these stocks since US consumer is 'best bet in the market right now,' says expertConsumer stocks like McDonald's, Starbucks and Chipotle are hovering around all-time highs after reporting better-than-expected earnings. Federated Investors' Steven Chiavarone says there's more room for them to run. TradingNation AlohaJosie see? I’ve been telling you about Mc Donald’s for awhile 😂
Lees verder »