Cramer's Alert: Prepare for Market Shocks After FOMC Press Conference on Sep 20
Cryptoglobe
18 Sep 2023 12:31 PM
Jim Cramer cautions investors to be ready for market fluctuations following the Federal Reserve's FOMC press conference scheduled for September 20, 2023....
- Jim Cramer discusses various topics affecting the stock market, including the Federal Reserve's upcoming FOMC meeting, earnings reports, IPOs, and sector-specific insights.
- The FOMC is responsible for overseeing open market operations and meets eight times a year to review economic and financial conditions.
- Cramer expresses concern about the upcoming FOMC meeting and Fed Chair Jerome Powell's focus on curbing inflation.
- He mentions specific companies like Disney, Instacart, FedEx, General Mills, AutoZone, and Advance Auto Parts, discussing their performance and potential impact on the market.
- Cramer highlights the potential impact of the Federal Reserve's stance on inflation on the housing market.
The article provides a mix of positive and negative sentiment. Positive sentiment includes discussions about well-performing companies like Disney and AutoZone, while negative sentiment arises from concerns about the upcoming FOMC meeting and potential market turbulence.