Cramer’s Mad Money Recap: Avis Budget Group, Bed Bath & Beyond

On Wednesday, we hear again from the Federal Reserve, and Jim Cramer told his Mad Money viewers. If the market falls, he would be a buyer.

Cramer said Tuesday night that there are many experts who are critical of the Fed and President Jay Powell who accuses him of being too soft on inflation. But Cramer reminded viewers that most of the inflation we see is due to shortages, and shortages cannot be corrected by destroying the economy with higher interest rates.

An example is the Blowout earnings from Avis Budget Group (CAR) – Download Avis Budget Group, Inc. report, the rental car giant, which posted $ 10.74 per. share in earnings, even analysts were looking for only $ 6.52. The shares in Avis immediately doubled when short sellers were blown out of the water and forced to sell.

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