By Matthew J. Belvedere
Publication Date: 2025-12-23 16:36:00
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. Stocks were little changed as bond yields rose after a strong third-quarter GDP reading dampened expectations for future Fed interest rate cuts. However, Jim Cramer said the market is not right because once President Donald Trump gets his Fed chief in place, they will be at Trump’s behest to cut rates. The president has made no secret that he wants rates way lower. He’s been pressuring current Fed Chair Jerome Powell , who has not buckled. Powell’s term, however, is up in May. Jim said that regardless of one’s own personal views of the president, lower rates help stocks. 2. Jim talked about the Club adding Alphabet back to our Bullpen stocks to watch list . Jim has acknowledged repeatedly that it was a mistake to exit the stock in late March. But he stressed that he does not want to continue to make a second mistake by not buying it back. “People must be open-minded,” he said. Stocks in the Bullpen are names we are considering buying. Jim said he had to change his view on Alphabet because conditions changed. The antitrust overhang he was concerned with has subsided, and worries about AI were put to rest with the launch of Gemini 3. 3. Shares of Nvidia opened lower Tuesday morning, and Jim said the stock “should not be down.” He argued that the monolithic nature of the AI trade lumps all kinds of unrelated stocks and…