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Wednesday 26 October 2016

TheStreet's Jim Cramer Says Election, Fed Could Turn the Housing Slowdown

Published on Oct 26, 2016
Jim Cramer says the apparent slowdown companies in the housing sector have seen recently could be about to change after two big catalysts that are on the horizon. Cramer says, "given that Masco wasn't that good and Whirlpool wasn't that good and Sherwin-Williams along with a very reliable company PPG Industries . There does seem to be a slowdown in renovations and they're linking that to the fact that housing turnover has slowed. I think that could clear up very quickly after both the election and the discounting that we'll get by the November Fed meeting.

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