in order to help the labor market and broader U.S. economy as it digs out of a deep hole caused by the Covid-19 crisis.
"[Powell] basically just said, 'Hey guys, just go. Go get the economy back. I am not going to get in the way of it,'" Cramer said, calling the approach "incredible" for investors because it allows corporate America to worry less about Fed intervention. "He's not listening to people who say, 'You better start worrying about inflation now.' He's looking about employment and realizing, you know what, we've got to be sure that we don't go back into a depression after we've had some nice comeback," Cramer said.
on the side of the bulls? a lot of stocks seem to be going down.
Cramer should call Jon Stewart
Do the opposite what Kramer tells you to do
He is on the side of Trump.
Brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
How dumb does Warren Buffet look now buying a gold stock $ABX.
Translation: Powell is doing whatever it takes to manipulate the market
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Source: CNBC - 🏆 12. / 72 Read more »