Cramer's Week Ahead: ‘I Am Urging You Not to Be a Hero' While the Fed Battles Inflation

Stocks tumbled on Friday after the September jobs report signaled that the job market is strengthening.

CNBC's Jim Cramer on Friday warned investors against adding to their portfolios until the stock market and economy become less volatile.

"This economy is a runaway train; it's smashed through the Fed's blockades today, so now they may just blow up the tracks to derail the whole darn thing," he said. CNBC's Jim Cramer on Friday warned investors against adding to their portfolios until the stock market and economy become less volatile. "This economy is a runaway train; it's smashed through the Fed's blockades today, so now they may just blow up the tracks to derail the whole darn thing. When they detonate, it'll be safe to buy. Until then, I am urging you not to be a hero," he said.

Cramer warned that he expects central bank officials to stick to their hawkish stance on inflation, adding that the producer price index and consumer price index due next week could shed more light on the state of inflation and the Fed's next moves.Download NBC 5 Dallas-Fort Worth

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NBCDFW /  🏆 288. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow drops over 500 points after September jobs report, as stocks cut weekly gainsU.S. stocks fall in the wake of the September jobs report, with investors also weighing a profit warning at a leading microchip maker.
Read more »

U.S. stocks end sharply lower after strong jobs report keeps Fed on hiking path, but post gain for weekU.S. stocks finished the week in the red after a still-strong September jobs report Friday suggested the central bank would not alter the course of monetary policy soon. The DJIA fell 630 points, or 2.1%, to finish at 29,297.
Read more »

Stocks waver as dollar eases, oil steadies on OPEC+ deal By ReutersStocks waver as dollar eases, oil steadies on OPEC+ deal
Read more »

Warmer Afternoons Through Friday, Cooler This Weekend - Alabama NewsTemperatures trend warmer Wednesday afternoon, with highs in the low to mid 80s. Temperatures turn cooler overnight, with lows in the upper 40s to low 50s. Although, Thursday afternoon temperatures trend warmer.
Read more »

Art Attack: First Friday Welcomes the Spirits of Día De Los MuertosPaint the town!
Read more »