Jim Cramer says investors too worried about the Fed's next move are missing opportunities [CNBC]
NVIDIA Corporation (NVDA)
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Source: CNBC
“I'm not saying the stock market will never go down when the Fed's easing,” he said. “I am saying there are limits to what the Fed impacts.” CNBC's Jim Cramer on Thursday said some investors are missing market opportunities because they are too focused on what the Federal Reserve will do next when it comes to interest rates. “I'm not saying the stock market will never go down when the Fed's easing,” he said. “I am saying there are limits to what the Fed impacts. And I swear by the managers who know a lot about business, and who don't cower when Jay Powell grabs the mic to talk about the pace of rate cuts.” Many companies aren't necessarily tied to the central bank's decision, he said, adding that for some, competent management can be a more important metric on which to concentrate. For example, he said investors too concerned with the possibility of fewer or no rate cuts might have sold stock of Blackstone and eschewed major gains. Some on Wall Street may have been worried th
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