Published on 18 Apr 2024 on Insider Monkey via Yahoo Finance
In this article, we will take a detailed look at Jim Cramer’s New Picks: 10 Stocks to Buy. For a quick overview of such stocks, read our article Jim Cramer’s New Picks: 5 Stocks to Buy.
Jim Cramer said during his program on April 17 that we would need to see at least two months of "cooling numbers" before the Fed even considers to start cutting interest rates. He said many investors have been "clinging" to rate cut hopes but the economic activity, jobs market, M&A and IPO activity remains hot, giving the Fed no impetus to ease its monetary policy.