Just Smacks of Phoniness


Jim Cramer

 | Jul 15, 2014 | 10:46 AM EDT
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It drives me crazy when the cross-currents are so thick that they smack of phoniness.

Here's the prime example: There are people who think you should sell the market because the economy is so strong that it will produce inflation if interest rates on U.S. Treasuries stay this low. This camp says that Federal Reserve chief Janet Yellen cannot be taken seriously because she doesn't understand that, when JPMorgan Chase (JPM) reports double-digit growth in commercial real estate and credit-card loans, it's time to raise rates. They know inflation has to be right around the corner....186 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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