Cramer's Ignore The Fed Stock Plays

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But Cramer pointed out Monday that interest rates just don’t have the sway over stocks anymore that they’ve had since last summer’s implosion in the credit markets. Earnings, valuation and the momentum of the worldwide economy all matter more right now. So even if the Fed holds rates steady and the market dips, Cramer thinks investors should be buying stocks. “Cut or no cut,” he said, “I’m bullish.”

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