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Stop Trading!: Safety In Seeds

Friday, 11 Jan 2008 | 3:59 PM ET


An emergency Fed meeting to cut rates is exactly what this market needs, Cramer said on Friday’s Stop Trading!. That’s how you know it probably won’t happen.

Stop Trading, Listen to Cramer!
Mad Money host Jim Cramer shares his thoughts on the Fed, with CNBC's Melissa Lee.

Even though it has become more evident in recent days that the central bank is willing to ease, Cramer said he remains amazed by the “smugness and recklessness” of Fed officers who are unwilling to recognize that the financial market is in “dire straights.”

That said, it’s best to stick with what’s working. Cramer recommended agriculture names like Mosaic and Agrium – calling the latter a “catch-up trade.” Recession stocks like Coke and Procter & Gamble work here too, he said.

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

  Price   Change %Change
AGU
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KO
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MOS
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PG
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