I'm Jim Kramer and you're about to hear a sample taken directly from today's

CBC Investing Club morning meeting.

We've got the four horsemen of the potential apocalypse here and I'm concerned about them.

We have the Fed meeting tomorrow, which is worrisome.

We've got Apple, which is always on everybody's radar screen because it's so big.

We have the unemployment number, which may show something involving accelerating wages that the Fed wouldn't want it,

and then we have the debt ceiling.

And I think that this gauntlet is too hard to get through without some real bumps.

Yeah, I mean, at least on the Fed, I think it's widely expected.

They'll get a quarter point raised. But a lot of questions come. What happens after that? Do they pause? Some people think that they may start cutting later this year, which it might be a little bit too early for. I'm going to talk about that tonight. Right, given where inflation is. I mean, jobs, Friday, I mean, it's always the interpretation is good news, good news, or is bad news, good news now.

So a lot to see there, especially with the unemployment rate.

And then Apple, as you called out.

Right.

What I really want people to understand is that the debt ceiling lifted.

There are a lot of things that, you know, Yellen just moved it up. Congress is out of session for two weeks.

So we're saying June 1st now.

There's just too much.

There's not enough time.

Too much has to be done.

So you get, maybe you get an extension, but people have to remember what happened in 2011.

Yet there was a big decline that's called it close to 20% in the S&P.

Right.

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