The swing state of pennsylvania. How will voters react one week from the election . Its the final sprint to november 3, joe biden will leave his house to attend to events in georgia and when questioned about his relaxed schedule, he said every day is a 12 hour day. The president keeps up eight torrid pace heading to three states today pulling in huge crowds with tens of thousands attending the three events in pennsylvania yesterday and by the way, 62 million have already voted, 20 million in person and 40 million by mail. To the markets, way down yesterday, closing down 650 with the most modest of bounces this morning no bounce at all actually the dow jones will be down a couple points. Lots of corporate profit reports, they remain strong and we will bring in the highlighted a moment. The big earning report comes as afternoon. Microsoft reports and that may set the tone for the markets. As always, a big show for you with the president on the campaign. Rachel campos who wants her nine k
Happy to be joined by some here, including veterans from all branches of our armed forces. My job isnt just to entertain but to educate and teach you. And today, to honor and thank you for your service. Call me at 1800743cnbc. Or tweet me jimcramer. Seam an optimist by nature. You have to be an optimist to invest in the stock market. Why . Because you need that faith that things can get better than they are now. In other words, you have to bet on progress, and on discouraging or middle days like today, dow up 28 , nasdaq declining, i found that maintaining a positive albeit skeptical stance makes you a much better investors. Some of you may regard this world view as obvious. But its anything but. Were on the eve of a tightening cycle where the fed is going to raise rates multiple times. Each rate hike will test your ability to stay in stocks. Each rate hike will make symptoms more risky to own. There are many stocks that can still do well, especially if the fed takes a measured and con
Each rate hike will test your ability to stay in stocks. Each rate hike will make stocks more risky to own. There are many stocks that can still do well, especially if the fed takes a measured and cocoidered approach to raising rates, making sure the economy absorbs them without too much of a slowdown. Why do i care about this fedinspired interest ra risk . Because even though i accept the fact that the fed has to tighten because employment is too strong for them not to, i also see many areas of weakness in the economy that i really wish the fed didnt feel compelled to take any action. Theyre far more likely to make things worse than better if he start too soon and go too far. Manufacturing has slowed as many u. S. Based companies are uncompetitive overseas versus Foreign Countries that sell in some companies are so feeble that their stocks are caught up in what i can only regard as a vicious rolling bear market. Oil and d s companies are forced to cut b bk on their efforts t t drill,
You for your service. Call me at 1800743cnbc. Or tweet me jimcramer. Seam an optimist by nature. You have to be an optimist to invest in the stock market. Why . Because you need that faith that things can get better than they are now. In other words, you have to bet on progress, andndn discouraging or middle days like today, dow up 28 , nasdaq declining, i found that maintaining a positive albeit skeptical stance makes you a much better investors. Some of you may regard this world view as obvious. But its anything but. Were on the eve of a tightening cycye where the fed is g gng to raise rates multiple times. Ability to stay in stocks. Each rate hike will make stocks momo risky to own. There are many stocks that can still do well, especially if the fed takes a measured and considered approach to raising rates, making sure the economy absorbs them without too much of a slowdown. Why do i care about this fedinspired Interest Rate risk . Because even though i accept the fact that the fed
Seam an optimist by nature. You have to be an optimist to invest in the stock market. Why . Because you need that faith that things can get better than they are now. In other words, you have to bet on progress, and on discouraging or middle days like today, dow up 28 , nasdaq declining, i found that maintaining a positive albeit skeptical stance makes you a much better investors. Some of you may regard this world view as obvious. But its anything but. Were on the eve of a tightening cycle where the fed is going to raise rates multiple times. Each rate hike will test your ability to stay in stocks. Each rate hike will make stocks there are many stocks that can still do well, especially if the fed takes a measured and considered approach to raising rates, making sure the economy absorbs them without too much of a slowdown. Why do i care about this fedinspired Interest Rate risk . Because even though i accept the fact that the fed has to tighten because employment is too strong for them n