Video: Jim Cramer Reveals His Choice for Federal Reserve Chair
President Trump is expected to nominate a Federal Reserve Chair on Thursday. TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said he favors Jerome Powell for the job.
President Trump is expected to nominate a Federal Reserve Chair on Thursday. TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said he favors Jerome Powell for the job.
Powell is a member of the Federal Reserve Board of Governors and spent years at private equity firm The Carlyle Group (CG) .
The term of current Chair Janet Yellen expires in February 2018.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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