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Cramer Looks To Costco, KB Home Earnings For Market Clues

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Jim Cramer,Costco,KB Home

CNBC'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.

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.

"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.

Monday brings remarks from Atlanta Fed President Raphael Bostic and Chicago Fed President Austan Goolsbee, which Cramer said could provide more information about why the central bank cut rates by 50 basis points instead of a more modest 25.

 

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