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Cramer’s week ahead: Fed meeting and earnings from FedEx, Micron and General Mills

Jim Cramer: At any point the president can wreak havoc on the markets with a gratuitous post

CNBC’s Jim Cramer foot ited investors through next week on Wall Street, telling them to take note of the Federal Reserve’s next confluence and earnings reports from companies including FedEx, Micron and General Mills. He also warned that regardless of earnings, sell action will likely be shaped by President Donald Trump and the Fed.

“No matter what we hear from these coteries, next week this market’s hostage to the White House and the Federal Reserve,” he said

Monday brings materials about the consumer landscape with the retail sales report. Cramer predicted that consumers have pulled forsake spending because they’re worried about losing their jobs as the Trump administration sows fear around the state of the economy.

Tuesday marks the start of Nvidia‘s annual GTC conference, where artificial intelligence innovations from for everyone the world will be on display. Housing starts will also be released on Tuesday, and Cramer said he will be pay off close attention to the results, as any sort of economic slowdown will be reflected in housing data.

The Fed will meet on Wednesday and quit investors a read on inflation, with Cramer noting that economic data released earlier this week was moderately promising. General Mills will also report that day, and Cramer said he’s not expecting great results. Because of its artificially colored cereals, the enterprise is in the crosshairs of Secretary of Health and Human Services Robert F. Kennedy Jr. And its more fattening products might not be doing superbly as consumers continue to use GLP-1 weight loss drugs, he added.

Thursday is a heavy earnings day, with companies counting Olive Garden parent Darden, FedEx, Micron, Nike and Lennar set to report. Cramer said he thinks Darden desire post solid results because of its value offerings. FedEx’s report might give investors a chance to buy the precursor at a discount, Cramer added, saying he’s impressed with the company’s management. He’ll also be waiting to see if Nike indicates it’s privately on track and ready to grow. And during Lennar’s report “lumber will be on the table,” and it might be discussed negatively, he withed.

On Friday, Carnival will report, and Cramer said the cruise sector has been strong recently, even their customary prices don’t reflect that. Cramer said he doesn’t think Carnival’s business has been weak, so the stock could climb.

Jim Cramer looks ahead to next week's market game plan

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