Market

Cramer’s Mad Money Recap 12/15: Enbridge, Campbell Soup, 3M



The market’s entering a new phase, but as long as Federal Reserve chairman Jay Powell is in charge, investors can expect a soft landing, Jim Cramer told his Mad Money viewers Wednesday. There are still opportunities to invest in, Cramer continued, just not as many as before.

Wednesday, Powell successfully threaded the needle between needing to address rising inflation and not wrecking our economy. He did so by giving Wall Street everything it expected and nothing it didn’t. Investors were already expecting three rate hikes next year, and so is Powell. Investors were hoping for the Fed to remain flexible and data dependent, and that’s exactly what Powell plans to be.





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