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Jim Cramer Says the Upcoming Week Looks Quiet. Here's What He'll Still Be Watching

Jim Cramer expects a relatively quiet week for Wall Street, with only a few major corporate events left on the calendar before September ends. Much of the month’s major macroeconomic news has already passed, with the Federal Reserve, European Central Bank, and Bank of Japan all raising rates. That leaves the last full week with

BeInCryptoBeInCryptoKamina Bashir20 Sept
  • neutral toward Jim Cramer · 99%

Kevin Warsh may be the adult in the room. But can he calm the US economy?

Fed chair presided over unanimous decision to raise interest rates despite intense campaign from White House In the end, Kevin Warsh’s Federal Reserve acquitted itself well. For all the uncertainty he had sparked at the previous meeting of the Federal Open Market Committee, when he refused to provide any indication of what he was prepared to do to tame stubborn inflation, the chair on Wednesday presided over a unanimous decision to raise interest rates for the first time in three years. “Today’s action starts to show that we’re serious about this,” he said at the press conference after the meeting, with “this” meaning inflation in excess of the Fed’s 2% target for over five years. Welcome though it was, his embrace of economic orthodoxy nonetheless did little to dispel the Keystone Cops quality of governance in Donald Trump’s US. Continue reading...

The GuardianThe GuardianEduardo Porter19 Sept

Bitcoin survived the Fed and CLARITY, and now faces the next major test at $82,000 this weekend

Bitcoin hit an intraday high of $81,400 on Friday, approaching the low-$82,000 zone that has capped every recovery attempt since late August. US spot Bitcoin ETF shares stop trading once American markets close for the weekend. Any further push through that ceiling over the next two days would occur in continuously open crypto markets, without […]

CryptoSlateCryptoSlateGino Matos19 Sept
  • critical toward Federal Reserve · 88%