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As the Fed Shifts, These Banks Will Get Crushed

By Jim Cramer

About this article:
Notice how the Fed never references or cares about the banking system? Notice how it is always focusing on oil-based inflation, even on Fed day? Notice how much the market right now believes in this thesis? Isn't this a great time to figure out which stocks you need to get out of into this strength rather than into the weakness? I think so. So let's analyze the death-rattle stocks as the Fed goes through with what the top-down folks don't see. In other words, the top-down folks say that the dollar and inflation must be boosted and slain. Here's who just gets crushed and I think doesn't make it once the bias shifts. First, Washington Mutual is simply dead on arrival with this bias shift. It is still making bad mortgages, and by the way, the Credit Suisse report that was bullish on housing yesterday has some astoundingly...

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