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Queen Latifah agrees with Cramer: The Fed knows nothing.
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“The Federal Reserve has no clue,” she told the Mad Money host Wednesday morning at the Nasdaq. The former hip-hop star turned actor was on hand with Katie Holmes and Diane Keaton – cast mates in the new film Mad Money – to ring the opening bell.
But Queen Latifah didn’t mean Bernanke and gang weren’t cutting rates fast enough. In the movie, the three women smuggle loads of money from the central bank without getting caught. So while Fed ignorance may be hurting traders, in the movie, “it makes it all the more fun,” she said.
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Queen Latifah took a few minutes to speak with Cramer, who has a role in the film, after the bell. Turns out the Queen’s always been a long-term investor. But “this is the year I said I’m going to take a few more risks,” she said.
Mad Money the movie hits theaters Friday, Jan. 18. Don’t miss it!
Watch Cramer's interview with Queen Latifah.
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