Labor report and Constellation Brands earnings

Jim Cramer from CNBC was caused by the alcohol machine during the market action of the next week to investors on Friday. Constellation brands.

The authority was also reflected in the last quarter and said that investors resulted in a strong note after a turbulent start of President Donald Trump’s so -called “Day of Liberation”. In April, Trump announced steep tariffs on products from a series of countries, including the largest trade partners of the USA.

Since then, the market has compensated most of its losses. Cramer, the averages managed to finish on Friday and the President of the President of Canada announced that he terminated the trade talks with this afternoon after the loss of losses, he said.

“After a great quarter, which started in a terrible way and is incredibly strong, we turned to a shortened week, which usually shows that this is the only logical way to approach the Mercurial and treacherous market.” He said.

On Monday, Cramer is planned to interview Amazon CEO Andy Jassy. After showing that Jassy showed that the data published on Friday was bored of some consumers, he could give information about consumer expenditures. Monday also brings the Chicago Purchasing Index that provides production data. Cramer said that the report is a solid indicator of the health of the industrial economy and that he could put pressure on the Fed to reduce interest rates if weak.

Tuesday, the earnings of the constellation brands brings results and Cramer, the company as a whole consumer packaged the goods sector that disturbs the sector that is a micro cosmos, he said he expects. According to Cramer, both the rise of GLP-1 weight loss drugs and the increasing preference of consumers for cannabis is widely hurting alcohol names. He also said that Trump’s migration policy focuses on sales, known for brands such as Modelo, Pacifico and Corona. Cross -half of Constellation Brands’ beer sales come from the Spanish consumers, and management said Trump’s efforts to increase deportation, especially as many of them are concerned about the loss of employment, he said.

Mortgage application figures will be published on Wednesday and Cramer said that data has become “an albatross for the whole economy”.

Cramer, Thursday’s key day, the latest labor force report will be published. If the data is weak, Trump can still criticize the Fed President Jerome Powell again. Cramer, weakly non -agricultural payrolls can also be cut on the table of July rate, he added.

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