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TheStreet.com TV Recap: Hey Fed, Cut a Half Point
Tomorrow is a big decision day for the Federal Reserve, and those who believe that all the market needs is a quarter-point cut in rates don't really understand the fragility of the system, Jim Cramer said on TheStreet.com TV's Wall St. Confidential Web video Monday.
Cramer said he doesn't know where people are getting this idea from. Traditionally, he said he understands the notion of gradualism; however, people need to understand that this is a tremendous moment.
Cramer: Half-Point Cut or Bust |
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