The central bank is set to conclude its first meeting of the year on Wednesday, which Wall Street largely expected to beget a quarter-percentage point interest rate hike.
Cramer said he'll also have his eye on the January non-farm payrolls report set to be released Friday. "If wage inflation's very strong, the-quarter point move will be criticized. If it's weaker, we'll be hearing all about that hard landing," he said.Q4 2022 earnings release at 4:05 p.m. ET; conference call on Tuesday at 8 a.m. ETHe predicted that the company will report abating supply chain headwinds and a more frugal consumer on its conference call.
Another lower low at assets 😅
Lol now I have to sell…
Sorry jimiuorio lol
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