Tag: Illinois Tool Works Inc
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The role of the Fed in the bankruptcy of the SVB turned positive for equities, says Cramer
Thanks to the Federal Reserve, the collapse of Silicon Valley Bank finally turned out positive for the stock market, CNBC’s Jim Cramer said Wednesday. Cramer said the Fed was focused on fighting inflation but soon had to turn its attention to the “immediate financial crisis” caused by the SVB. As a result, he said investors […]