With These Cuts, We Can Get Back to BusinessBy Jim Cramer
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So what, gold? So what, dollar? Get this economy moving with the little inflation we have, ex oil and ex corn, and we are in great shape. I know the hawks will try to chop off this gain. I know I just missed [...]
Entries from September 2007
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September 18, 2007 2:30 pm
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(Left: DJIA vs USD/EU)
–Fed cuts key loan rate by 50 basis points.
–Stock market surges as Wall Street realizes that the Fed is committed to bailing out all the idiots who jumped on the housing bandwagon and didn’t have enough money to buy a ticket.
–The rest of the world, who is holding our dollars, realizes that [...]