CNBC Mad July 3, 2024
Cramer. Suddenly we have brown chutes everywhere and that is a good thing. Remember we are on the lookout for a slowdown that would justify the defensive position that we dont need any more rate hikes. When we get brown shoots, the opposite of green shoots, wall street laps it up. The fed might win the fight against inflation. Thats what the dow gave and that nasdaq pole voted 1. 9 . That was easy. Its been hard to parse this economy. The numbers on march 8th for so steaming hot that it felt like the fed was blindsided because they been talk about multiple rate cuts this year. And you dont do ...