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Closing Bell

Stocks Sink, Fed Hangover & Jim Cramer On The Sell Off 12/15/22

15 Dec 2022

Description

Stocks selling off on increasing fears the Federal Reserve's interest rate hikes are sending the economy into a recession. Renaissance Macro Research's Neil Dutta explains why he is actually bullish on the economy and what that means for the market. Bespoke's Paul Hickey says historically the market tends to rally during the second half of December. Mad Money's Jim Cramer says he is buying during this market sell off and reveals the stock he just added to his investing club portfolio. Wedbush's Dan Ives discusses Tesla shares hitting a 52-week low and why he thinks Elon Musk's purchase of Twitter is really hurting the stock and brand. Evercore ISI's C.J. Muse discusses his bullish call on beaten down semiconductor stocks. And Cowen CEO Jeff Solomon discusses the outlook for M&A in 2023. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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