Cramer Remix: Next week's earnings could make or break how the Fed approaches rate hikes

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Jim Cramer explains how a strong consumer snapshot could force an ugly reaction from the Fed.

 

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The Fed's job is to protect the value of the dollar. Fact: even with the tiny quarter point rate hikes, rates are still at historical lows. If anything the Fed should be more aggressive at normalizing rates. The economy is overheating as the PPI shows today. We don't want that

What did he say? I wanna open positions opposite of what he recommended 😬

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