Cramer’s Mad Money Recap: GameStop, AMC, FAANG

Make no mistake, the Federal Reserve wants to take the air out of our economy, Jim Cramer told his Mad Money viewers Tuesday. That’s great news for inflation and the long-term health of our economy, but it’s also very bad news for the bulls.

There is no fighting the Fed. The Fed always wins. Just look at these former market darlings, all of which have now become uninvestable.

Remember the meme stocks? They were certainly exciting, while they lasted. But now the stocks of GameStop (GME) – Get GameStop Corp. Class A ReportAMC Entertainment (AMC) – Get AMC Entertainment Holdings, Inc. Class A ReportCorsair (CRSR) – Get Corsair Gaming, Inc. Report and Wendy’s (WEN) – Get Wendy’s Company Report have all been cut in half, or worse.

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