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CNBC Mad Money June 15, 2016

Another Federal Reserve meeting relatively unscathed but still need to face the uks big vote on whether to leave the european union. Fed agreed to do nothing and that keeps stocks on the agenda the place to get the short term for your money. The stock market rallied on the news as we sold off later in the day after oil plunged a dollar dow sinking 35 points s p slipping 0. 1 and nasdaq climbed by the same amount. Still, i was pleased to hear that the fed paid no attention to the idealogues who want higher rates. Why . Boo so they can be lower after they throw us into a recession. No. Im flat the fed recognized employment only grew by 38,000 jobs last month and that mattered to them. [ baby crying ] i like that they realize the economy is on a real slow growth path and that rate hikes arent going to be able to come in lockstep. The rhetoric that drove the stock market down hard at the beginning of the year. I like these things bec ....

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