Cramer's Alert: Prepare for Market Shocks After FOMC Press Conference on Sep 20
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.