Cramer says inflation data is driving market action, even during a major earnings week

CNBC's Jim Cramer said investors need weaker figures from Friday's labor report if they want stocks to rally, adding that inflation data is what's truly driving market action.

"We often get 'bad news is good news' moments at this point in the business cycle, but it's rarely as excessive as it's been lately," he said. "I wish the market didn't work this way, but that's the reality, and it's why you need to bet against the U.S. economy tomorrow if you're hoping for higher stock prices."

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Cramer's week ahead: Fed meeting and earnings from Apple, Amazon, Eli LillyCNBC’s Jim Cramer on Friday walked investors through next week on Wall Street.
La source: NBCNewYork - 🏆 270. / 63 Lire la suite »

Cramer's week ahead: Fed meeting and earnings from Apple, Amazon, Eli LillyCNBC’s Jim Cramer on Friday walked investors through next week on Wall Street.
La source: nbcchicago - 🏆 545. / 51 Lire la suite »

CNBC's Jim Cramer Updates Ranking of Major Media StocksCNBC's Jim Cramer updates his ranking of major media stocks, putting Fox at the top followed by Disney. He believes recent developments in the industry warrant a reassessment of the rankings.
La source: CNBC - 🏆 12. / 72 Lire la suite »