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Cramer looks at Disney's post-earnings stock move to explain Wall Street dynamics
DISDisney(DIS) CNBC·2024-08-07 22:49

As the major averages declined Wednesday, failing to recover fully from the brutal early week sell-off, CNBC's Jim Cramer explained the current dynamics and attitudes at play on Wall Street. He used Disney's post-earnings stock performance to explain how investors want rate cuts but are also concerned by a lack of consumer spending."You can't hope for rate cuts from the Federal Reserve and also expect zero weakness in any part of the economy that impacts your portfolio," he said. "Wall Street wants to have ...