
CNBC Special Report: The Fed Factor 9/26/22
Mad Money w/ Jim Cramer
00:00
I Think the Fed Is Choosing the Lesser of Two Evils
i was one of those people arguing, i think this has got more legs to it. It's not just transitory. They did sort of do a mea culpa on that. But from the fed's perspective, they're now in the position where they feel they're choosing the lesser of two evils. I worry that this is happening synchronously around the world. Every time we have a rate hi her and the dollar strengthens. There is a syncronicity to what's happening that could amplify rat hikes and make it a much deeper global recession. These are not coordinated moves by central banks. Yes, i do think there's going to be recession. The focus on sort of grinding
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