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Transcripts For KPNX Mad Money 20160922

Approach the federal reserves decision today, to do nothing, keep rates low because theres still not much growth or inflation. You can jump up and down, screaming that the fed has to raise rates and Start Talking about the november or the december meetings, or you can just get on with your life darn it and start buying the stocks in companies that do have growth. Either way were now past the big, bad event, and that almost always brings in buyers which is what happened today. The dow rallied 164 points. S p gained 1. 09 , and the nasdaq climbed 1. 03 . I say you got to say to yourself, how come im not upset about the feds decision to do nothing . Because like janet yellen, i see little inflation and low growth on the horizon, which means raising rates would be kind of a stupid idea. Why does the fed need to tighten with inflation tamed and retail sales weak, manufacturing turning more negative . Whats the point . To appease the critics . To make it so the commentators that come on tv a

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