Stop kidding yourself if you think all the bad news is baked in — Jim Cramer warns about the Fed [CNBC]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: CNBC
show chapters Stocks tanked on Thursday because people are finally realizing that the Federal Reserve has the power to hurt stocks and slow the economy, CNBC's Jim Cramer said after the Dow Jones Industrial Average fell more than 300 points. This is one of those moments where it's dawning on people that maybe all the assurances that we don't need to be afraid of the Fed are being proven to be totally bogus, the Mad Money host said. Behind those assurances are two lousy theories, Cramer said: the idea that more rate hikes are necessary because the U.S. economy is close to full employment, and the idea that the rate hikes won't hurt the market because they're already baked in. Doubling down on his earlier comments , Cramer argued that full employment is a great thing as long as inflation's not out of control, and right now the statistics indicate it's not, so what's the big deal? If hourly wages were skyrocketing, Cramer said he wou
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CMCSA
Earnings
- 1/25/24 - Beat
CMCSA
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 3
- 4/15/24 - Form 8-K
- CMCSA's page on the SEC website