Cramer's 'Mad Money' Recap: Next Week's Game Plan
NEW YORK (TheStreet) -- The economy stumbled last month, Jim Cramer said on "Mad Money" Friday about the day's disappointing jobs number. But that's now behind us, which means the markets will be looking forward to earnings and the latest macroeconomic data.
That's why on Monday Cramer said he'll be watching a host of economic data from China, Germany and Japan, as well as the latest words from our own Federal Reserve chairman, Ben Bernanke. Beyond the macro news will be earnings from Alcoa
Tuesday brings more macro data and also an analyst meeting from First Solar
On Thursday it's more bad news, with the latest unemployment claims, this time including the opening wave of government layoffs from the sequester. One bright spot: Pier1 Imports
Finally, on Friday it's bank day, with JPMorgan Chase
Executive Decision: Nick Schorsch
In the "Executive Decision" segment, Cramer sat down with Nick Schorsch, chairman and CEO of American Realty Capital Properties
ARC has been in a battle to acquire the privately held REIT of Cole Capital Properties III. Schorsch said the deal would be 10% accretive to ARC shareholders and would be a good deal for Cole's shareholders because they would have a publicly traded vehicle for their investment. He said ARC has the capital and credit available to complete the deal and he hopes that the mudslinging comes to an end so the companies can seriously consider the merger.
When asked about the company's dividend, Schorsch said that ARC is committed to raising its dividend along with its growth prospects. As such, ARC plans to grow earnings by 16% this year, not including a deal with Cole. He said that either with or without a deal, ARC is poised to have a great 2013.