“It's great that the Federal Reserve recognizes that there's going to be weakness, but it makes me feel, wow, the weakness must be much more than I thought,"
- Jim Cramer

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Feds actions completely backfired

What denouncement? He appreciated the cut but wants feds to reduce it further. Rate cuts aren’t the vaccine for the virus and won’t take care of supply side of things.

They should have waited longer to see the economic impact of the virus instead of jumping the gun. Monetary policy is for focusing on economy and shouldn’t be used to help the stock market out and honestly the whole thing looks more political in nature now.

This is artificially pumping the markets

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