CNBC's Jim Cramer on Friday guided investors through next week's most important happenings on Wall Street, saying to watch out for earnings from Walgreens as well as new data about consumer spending.on Friday guided investors through next week's most important happenings on Wall Street, saying to watch out for earnings from Walgreens as well as new data about consumer spending.
"We're no longer fighting the Fed, people — they don't seem inclined to raise rates when they're supposed to be cutting them, that doesn't make sense," he said. "And that means, even if we hear a lot of noise about an overheated inflation number, I'd, yes, consider it a buying opportunity." On Monday, Cramer will be monitoring as Trump Media — a new public company formed Friday when shareholders from shell companywith the social media outfit owned by former President Donald Trump — may start trading under the ticker DJT. The company could prove to be a significant windfall for Trump, Cramer said, who is facing hefty legal bills.report on Wednesday, and Cramer said he's optimistic about the former, but called the latter "a wildcard.
The personal consumption expenditures report will come out on Friday, which Cramer noted is an important inflation metric for the Federal Reserve.
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Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »