Jim Cramer discusses the inverted yield curve and Fed Chair Jerome Powell's response.
on hopes that management would be bullish in the short-term, but instead, they were bullish about the long-term, the host said."Keep in mind, this move occurred without any tangible sign from the Chinese that they're going to buy more of Micron's semiconductors," Cramer said.
"The bulls now have the Fed on their side and that makes a big difference," Cramer said. "I think the Fed may be too powerful an opponent for the bears to overcome."Lucas Jackson | Reuters He felt differently during his hedge fund days in the 1990s, but the times and regulation rules have changed in favor of a more equal playing field.
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