Cramer’s Outlook: Economic Data, Apple iPhone Launch, and September Market Caution
CNBC’s Jim Cramer advised investors to brace for a challenging week ahead, citing September’s historical market volatility and key events including new economic data and Apple’s anticipated iPhone 17 launch. He emphasized that September often amplifies negative sentiment, where even positive news may struggle to sustain momentum.
Apple’s product unveiling on Tuesday could influence market sentiment, though Cramer noted that tech revelations alone may not offset broader economic anxieties. The same day, earnings from Oracle, AeroVironment, and GameStop will draw attention. Cramer expressed optimism about Oracle’s pivot to data centers and AeroVironment’s role in defense spending but remained skeptical about GameStop’s prospects.
Midweek focus shifts to inflation metrics, with the Producer Price Index (Wednesday) and Consumer Price Index (Thursday) likely shaping expectations for Federal Reserve rate cuts. Cramer suggested that subdued inflation figures could briefly buoy markets, though September’s tendencies might limit lasting gains.
Thursday brings earnings from Kroger and Adobe. Cramer expects strength from Kroger due to its pricing stability but cautioned about Adobe’s competitive positioning in the crowded AI software space.
The week may conclude with significant trade policy developments, including potential new tariffs on semiconductors—a topic that has already weighed on investor sentiment. Cramer reiterated that while individual stock stories (like Casey’s General Stores) could shine, macroeconomic and geopolitical factors will dominate this volatile period.
Source: CNBC.
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