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Stocks Are Pricing in a Rate Hike, Jim Cramer Says

May 27, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer said stocks are telegraphing a rate hike. ‘The stocks are saying hike, with the exception of the banks,’ Cramer said. ‘If you look at BB&T , First Horizon , PNC Financial Services – they’re saying rate hike.’ The Federal Reserve wraps up its September meeting on Wednesday.

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