Jim Cramer thinks that there “are still some opportunities” for investors in this market. But he also warns that investors should approach the market cautiously.
Cramer also discussed Jamie Dimon, CEO of JP Morgan Chase, who changed his view on the economy and the rising interest rates. Cramer said that Dimon’s new view differs from the one Dimon had when he sat down with Cramer in Sept.
JP Morgan is Real Money’s stock of the day.
“The Fed has to change its tune,” Cramer said. “It has to listen to people like Jamie Dimon, who are in the thick of it. They’re not doing any work. They’re not crazy, they’re lazy.”
SUBSCRIBE |
_
Want to Buy $1 Worth of Stock for 90 Cents or Less? You can with certain so-called “closed-end” mutual funds – an often overlooked investment class. Click here to register for a free online video in which TheStreet’s retirement expert Robert Powell and an all-star panel tell you all you need to know–
___
You can also find us on…
ACTION ALERTS PLUS |
FACEBOOK |
TWITTER |
PODCASTS |
THESTREET.COM |
LINKEDIN |
INSTAGRAM |
Sign up for ActionAlertsPlus.com today for exclusive insight into Jim Cramer’s charitable portfolio:
source
