CNBC’s Jim Cramer explained why an uncertain macroeconomic environment led the Federal Reserve to hold interest rates steady — dashing the hopes of many investors and President Donald Trump. “In short, the backdrop’s just too darned mixed for the Fed to take action,” Cramer said. “That’s also why Powell pretty much punted on that forecast,…
My top 10 things to watch Wednesday, July 23 1. We’re headed for a higher open this morning after President Donald Trump announced a surprise trade deal with Japan for lower-than-expected tariffs of 15% on each others’ goods. He said Japan also pledged to invest $550 billion in the U.S. It could be a template…
My top 10 things to watch Tuesday, July 8 1. Living with contrived chaos. That’s what we are doing with trade policy like this from the White House. It’s all deliberately created. Nothing has to be done like this. If you have the market at record highs, you can get away with this. That’s what…
Another bruising week on Wall Street gave us a chance to open up our wallet and pick up a number of stocks on sale. The week ahead will offer investors a fresh look at inflation at a time of growing economic and trade policy uncertainty. The S & P 500 and Nasdaq Composite sank 3.1%…
Rekindled inflation concerns and President Donald Trump threatening reciprocal tariffs Friday slammed the door on the possibility of a winning week on Wall Street. For the week: the Dow and the Nasdaq each lost just over 0.5%, and the S & P 500 fell almost 0.25%. All three stock benchmarks were higher on the week…
My top 10 things to watch Thursday, Feb. 6 1. Wall Street was looking at a mixed open. The Dow, the S & P 500, and the Nasdaq all put together back-to-back gains ahead of Thursday evening’s quarterly earnings report from Club name Amazon and Friday morning’s big government jobs report. 2. Club name Honeywell…
We say hello to February. In Friday’s session, the stocks turned over after President Donald Trump said tariffs on imports from China, Mexico, and Canada would begin Saturday. And, come Saturday, they went into effect, adding another thing for Wall Street to worry about after the final week of January was so jampacked with news…
Earnings season ramps up another notch next week to start February, forcing investors to wade through a barrage of quarterly results amid ongoing policy uncertainty that promises upheaval for an already choppy stock market. The January jobs report is also due out Friday. Next week will be the busiest stretch for fourth-quarter earnings. More than…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: Stocks moved off their session highs and struggled to hold onto their gains. The S & P 500 is on pace for a small…
Maybe new investors don’t care about valuations. Maybe new exchange-traded funds can take Wall Street by storm. Maybe insiders aren’t in a hurry to sell. Maybe earnings are going to be much better than we think. Maybe some part of the market mechanics has broken down. Or, maybe the whole market has a new expectation…