Cramer says don't be complacent ahead of Fed meeting: 'I do not trust a benign market like this one'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

CNBC's Jim Cramer told investors on Friday to be wary of the week — especially Wednesday's Fed meeting — even though the market's been fairly calm.

CNBC's Jim Cramer told investors on Friday to be wary of the week ahead, even though the market's been fairly calm and its rumored the Federal Reserve's Wednesday meeting won't conclude with steep hikes.CNBC's Jim Cramer told investors on Friday to be wary of the week ahead, even though the market's been fairly calm and the Federal Reserve's meeting on Wednesday is not rumored to bring about monumental rate hikes.

"No surprise to regular viewers, I do not trust a benign market like this one," Cramer said. "Too many things can surprise you, too many things can make you panic, and of course can make you sell, because if you came in at these levels — you started buying today say — you likely won't have much conviction if the market takes a sudden swoon."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

After the S&P's Wednesday jump, Jim Cramer dissects 10 stocks that performed well when the index bottomed out last yearAfter Wednesday saw the S&P suddenly jump, CNBC's Jim Cramer looked back at 10 stocks that performed well even when the index bottomed out last October.
Source: CNBC - 🏆 12. / 72 Read more »

Despite a mixed earnings report, Campbell Soup CEO is confident condensed products can turn a profitCEO of Campbell Soup Mark Clouse told CNBC's Jim Cramer on Wednesday he is confident that Campbell's condensed products are timelessly profitable.
Source: CNBC - 🏆 12. / 72 Read more »