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Jim Cramer on the December Jobs Report

August 29, 2023
in Trade Tube
Reading Time: 1 min read
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Jim Cramer says markets are ready to dismiss the December jobs report as weak, but that’s a mistake because interest rates are going down and that is good for a large part of the market. Cramer thinks investors will gravitate back to Bristol-Meyers Squibb and stay away from heavy industries for a while, which is what Alcoa said in its earnings report. Cramer’s new book “Get Rich Carefully” includes a whole chapter analyzing every labor department report from the last seven years.

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