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Tag: Jim

Jim Cramer explains why the recent bank stock rally may not last

Jim Cramer on CNBC's Halftime Report.Scott Mlyn | CNBCKeyCorp (KEY) reiterated its financials Tuesday, sending its shares higher — a rally that's been seen in the wider financial sector recently. The stock, however, edged lower after Wednesday's open on Wall Street. That's because,...

Veteran economist Jim O’Neill says interest rates should stay around 5% for longer

Jim O'Neill, former chief economist Goldman Sachs Group, in Italy in 2019.Alessia Pierdomenico | Bloomberg via Getty ImagesVeteran economist Jim O'Neill says central banks will need to keep interest rates up around 5% across major economies for longer than the market expects, even...

Jim Cramer’s top 10 things to watch in the stock market Thursday

My top 10 things to watch Thursday, Sept. 14 1. U.S. equities edge up in premarket trading, with investors largely betting the Federal Reserve won't raise interest rates further when the central bank convenes next week. The S & P 500 is up...