CNBC's Jim Cramer walked investors through next week's Federal Reserve meeting and big earnings from General Mills, Darden Restaurants, Nike and more.begins. Cramer said a victory for Arm Holdings would take away Qualcomm's license to use some important chips in cellphones and laptops. He added that the smart move is to bet on a settlement, which he believes would be good for everyone.
Retail sales numbers are out Tuesday morning, on the eve of the Fed meeting, and Cramer said there will be hot debates around the numbers as investors aim to figure out whether consumers rallied on Black Friday amid a shortened timeframe between Thanksgiving and Christmas. The Fed meets Wednesday and is expected to cut interest rates by a quarter percent. Cramer said the fixation on the Fed can distract from long-term performance and lead to bad decisions from investors. Wednesday also brings earnings from General Mills,. Cramer said he's worried about GM as Robert F. Kennedy Jr.'s healthy-eating approach could put a major source of the company's profits under fire.
The personal consumption expenditures index is out on Friday, and Cramer said the Fed's decision may bring a lot of negative discussion if the number runs hot.for the CNBC Investing Club to follow Jim Cramer's every move in the market. Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyChicago Cubs