Invest in Companies That ‘Think Twice' About Hiring During a Fed-Mandated Slowdown, Jim Cramer Says

The Federal Reserve has increased interest rates this year to tamp down skyrocketing inflation, sparking fears about a looming recession. The Fed's next meeting will take place later this month, and investors expect a 75- or 100-basis point rate hike after June's red-hot inflation numbers.

Cramer told investors that instead of nervously eying large companies and their hiring moves, they should focus on taking a long-term strategy for their portfolios. "Take long-term positions in what you like or simply buy a very good index fund in terms of the low cost, and hold it. That's been the best form of investing and it's one that historically handily beats inflation," he said.for the CNBC Investing Club to follow Jim Cramer's every move in the market.

He's a wall street mouth piece. Wall St so desperately wants a recession to be able to impose their rules and desires on us to reinflate the trading Market

United States United States Latest News, United States United States Headlines

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

Goldman Sachs CEO says recession risk high as company plans to slow hiringGoldman Sachs CEO David Solomon said factors, including high inflation and slower hiring, means the chance of a recession in the coming years is high. How many money shufflers does Wall Street need?
Source: FoxBusiness - 🏆 458. / 53 Read more »

Billionaire investor Ken Langone says these are the '3 most powerful things in business''The three most powerful things in business: a kind word, a thoughtful gesture, and passion and enthusiasm for everything you're doing,' he told Jim Cramer.
Source: CNBC - 🏆 12. / 72 Read more »