Six reasons Cramer concerned about stock market…

Sharing is Caring!

CNBC’s Jim Cramer said Wednesday he sees a number of worrisome factors that are likely to contribute to market volatility in September, beyond just the fact it is a historically tough month for stocks.

Here’s what the “Mad Money” host is concerned about:

1. Negative pre-announcements

See also  The UK jobs market looks much better than the GDP numbers

This week, three companies — paint makers PPG Industries and Sherwin-Williams, as well as homebuilder PulteGroup — issued pre-announcements to lower guidance about their current quarters, warning that supply chain problems and materials costs are causing challenges that could lead to worse-than-expected results.

See also  Jim Rogers: The ‘Worst Bear Market Of Our Lifetime’ Is Nearing Fast | Debt, Inflation & Crisis (PT1)

 

www.cnbc.com/2021/09/08/six-reasons-why-jim-cramer-is-concerned-about-the-stock-market-in-september.html

339 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.