Jim Cramer: Is Now the Time for the Fed to Make a Move? - TheStreet

Jim Cramer: Is Now the Time for the Federal Reserve to Make a Move?

Author:
Publish date:
Video Duration:
2:27

Jim Cramer weighs in on the Federal Reserve. 

Stocks declined sharply Thursday, putting Wall Street on pace for its worst week since the global financial crisis in 2008, as coronavirus infections accelerated and health officials confirmed that a California man contracted the disease despite having no travel links or contacts with those afflicted by the virus.

President Donald Trump said Wednesday that the risk to Americans was "very, very low," and he placed Vice President Mike Pence in charge of his administration's response to the growing global health crisis. Investors, however, weren't convinced and continue to seek out safe-haven assets such as gold and U.S. Treasury bonds. The yield on the benchmark 10-year Treasury note declined Thursday to 1.254%, an all-time low. 

So, how should the Federal Reserve respond? Well, watch to see what Cramer has to say. 

Online real estate platform CrowdStreet delivers investors a new way to diversify their portfolios with real estate. Individual investors can use CrowdStreet’s leading online marketplace to connect with a wide array of commercial real estate opportunities and projects to make investing in real estate easy! Download the Real Estate Guide.

Catch up on the Latest Videos on TheStreet!