Powell also signaled at the conclusion of the central bank’s December meeting that more data is needed to support that inflation has subsided substantially.
CNBC’s Jim Cramer on Wednesday said that investors exiting the market after Federal Reserve Chair Jerome Powell’s hawkish speech are acting too rashly.
Stocks fell Wednesday after the Fed raised interest rates by 50 basis points and forecasted hiking rates through next yearCNBC's Jim Cramer on Wednesday said that investors exiting the market after Federal Reserve Chair Jerome Powell's hawkish speech on Wednesday are acting too rashly. "I have no doubt there will be more people bolting from stocks tomorrow morning, believing they've been given a tremendous opportunity to get out well ahead of when things accelerate to the downside. I think they're being too frantic," he said.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Jim Cramer goes over the energy stock winners of 2022Cramer went over the top-performing energy stocks this year.
Leer más »
Jim Cramer says Constellation Energy and Sempra Energy are dependable utility stocksJim Cramer advised investors to consider adding shares of “steady-eddy” utility companies to their portfolios for their dependability.
Leer más »
Charts suggest it’s time to buy the dips in oil, Jim Cramer says'The charts, as interpreted by Carley Garner, suggest that the oil speculators have been mostly wiped out, so it's time to buy the dips,' he said.
Leer más »
Jim Cramer says to hold onto these 3 cloud stocks and sell the restCloudFlare recently received authorization to aid the modernization of government agencies. FrankCNBC spoke to the company's CEO Matthew Prince on CloudFlare's future in the public sector.
Leer más »
Tesla Investors Fed Up With Elon Musk’s Twitter Antics as Stock CrashesEven self-described Elon Musk “fanboy” KoGuan Leo, who’s also Tesla’s third largest investor, took to Twitter to call Musk out: “Elon abandoned Tesla and Tesla has no working CEO. Are we merely Elon’s foolish bag holders?”
Leer más »