Jim Cramer and four other market commentators on the Fed's surprise rate cut

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Jim Cramer and four other stock market commentators on the Fed's surprise rate cut (via TradingNation)

Here's what five of them were saying on Tuesday leading up to and following the cut:Cramer, host of "Mad Money," was still waiting to see how bad the U.S. outbreak would get:

"This is the paradox of central bank policy. If you move proactively and prevent something from happening down the line, people will say, 'Well, why did you do that? You may have caused panic and made it worse.' But if you did nothing and something goes wrong, then people say, 'Well, you saw it coming, why didn't you do anything?' And so that's actually where [Fed Chairman] Jay Powell's words become so important of how he describes what he's doing.

 

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แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »

Stocks Extend Drop Despite Surprise Fed Rate CutU.S. stocks and government bond yields slid after the Federal Reserve lowered interest rates, but failed to assuage the anxieties of money managers monitoring the economic fallout from the coronavirus epidemic. Time to buy? It will rebound; quit stoking fear
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »