Cramer Looks Ahead To Costco Earnings And Economic Data

CNBC's Jim Cramer said he's looking toward quarterly reports from Costco and KB Home, as well as new economic data that could inform the Federal Reserve's next decision about interest rates.

Cramer said the Fed's successful start to the easing cycle is leading the market in a positive direction. "The backdrop is now friendly. Don't treat it with hostility, please," he said."When the Fed wants to be your friend, the best way to try to make money is by embracing the Fed's friendship."But regardless of the week's events, Cramer said the Fed's successful start to the easing cycle is leading the market in a positive direction.

"We're in a rate cut cycle now, ok, it's very different from, from the last couple years. So, the backdrop is now friendly. Don't treat it with hostility, please," he said."When the Fed wants to be your friend, the best way to try to make money is by embracing the Fed's friendship.

On Friday, the Commerce Department will release the personal consumption expenditures price index, a key metric for the Fed as members weigh their next interest rate decision. Cramer said these figures will trigger"a whole new guessing game" on Wall Street about how many rate cuts — and by how many basis points — the Fed will implement, if at all, over the next few months.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Cramer Looks To Costco, KB Home Earnings For Market CluesCNBC's Jim Cramer highlights key economic data and corporate earnings reports this week, emphasizing the potential impact on the Federal Reserve's interest rate decisions and the overall market direction.
Fuente: nbcchicago - 🏆 545. / 51 Leer más »

Cramer's week ahead: New inflation data and earnings from Costco, KB HomeCNBC’s Jim Cramer said the Fed’s successful start to the easing cycle is leading the market in a positive direction.
Fuente: NBCDFW - 🏆 288. / 63 Leer más »

Cramer: Embrace the Fed's Friendship, Eye Costco, KB Home EarningsCNBC's Jim Cramer advises investors to seize the positive market momentum fueled by the Federal Reserve's rate cuts. He highlights upcoming earnings reports from Costco and KB Home as key events to watch this week, along with economic data that could shed light on the state of the housing market and small businesses.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Jim Cramer recommends buying Costco stock as a port in September's market stormCNBC's Jim Cramer's confidence in Costco was bolstered by the retailer's strong August sales report.
Fuente: CNBC - 🏆 12. / 72 Leer más »