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Stock impact report

Jim Cramer Reports That ‘Goldman Analysts Upgraded InterContinental Hotels Group PLC (IHG) to a Buy' [Yahoo! Finance]

Intercontinental Hotels Group American Depositary Shares (Each representing one Ordinary Share) (IHG) 
US:NYSE Investor Relations: ihgplc.com/investors
Company Research Source: Yahoo! Finance
In a recent episode of Mad Money , Jim Cramer discussed the current state of the economy, noting that there are essentially two separate economies at play. One economy is struggling with higher interest rates, making it harder for businesses and individuals to thrive, while the other seems unaffected by these rates. This division explains why, even after a double rate cut, the stock market, including the Dow, S&P, and Nasdaq, still experienced declines. "There really are two economies in this country. There's one that needs lower interest rates because business is slowing and it's harder to find a job, and then there's another that says we don't really care about where the rates are. That's how we can get a double rate cut today and still see the Dow dipping 103 points, the S&P declining 29 points, and the Nasdaq shedding 31 points." Jim Cramer: Tech Companies Flourish Despite Economic Concerns Jim Cramer highlights that many companies, especially retailers and restaurants serv Show less Read more
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