RealMoney Radio: Just Right
"If you like playgrounds, today was a good day for being on the swing set," Jim Cramer told his
"RealMoney" radio show listeners on Friday.
That's because stocks were seesawing as investors hoped for an end to
Federal Reserve
rate hikes while also fearing a recession and geopolitical flare-ups.
"This is soft landing heaven," Cramer said, adding that he's not concerned at a time when it seems that things are just to Goldilocks' liking. The economy is not too soft and not too weak, he said. That's why he's not concerned and is even bullish on the stock market.
"I'm not going to run when I'm getting what I want, which is commodities weakness and earnings strength coupled with macro or big economic data -- that is not bad," he said.
To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.
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Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
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