Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
The lack of clarity surrounding the U.S.-China trade war is what's really hitting global growth, says ex- Deputy Treasury Secretary Sarah Bloom Raskin.World Economyread more
China's economy has long relied on factors such high levels of investments and an expanding labor force for growth. Those growth drivers are running out of steam.China Economyread more
India could benefit from the fallout in the U.S.-China trade war, experts told CNBC — but much-needed reforms on land and labor could prove to be a challenge for companies...Asia Economyread more
New crash tests show the Tesla Model 3 and the Audi e-tron, are among the safest models out on the road. The results bolster the theory electric vehicles may be better...Autosread more
U.S. consumers and growth in sectors such as technology have offset declines in other American industries, says Tom Finke, chairman and CEO of investment management firm...US Economyread more
The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
Last weekend's attacks on oil facilities — and the spike in crude prices that followed — should show that the world needs to stop relying on oil, says Helen Clark.Energyread more
The photo depicts Canadian leader Justin Trudeau wearing a turban and robe, with dark makeup on his hands, face and neck. Liberal Party spokesman confirms the photo is of...Electionsread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
After sifting through results from three popular retailers, Jim Cramer thinks the takeaway for investors is clear.
"It appears things are spotty. Therefore, I wouldn't play with the sector broadly. Instead, I'd only go with the single stocks of retailers who are executing superbly."
And out of all the disappointing information contained in the reports, Cramer was particularly rankled by commentary from The Container Store, which said weakness reflected a "retail funk." (Although they didn't use the term "funk" both Lumber Liquidator and Tractor Supply made similar statements; that is, they implied their weakness was also due to a kind of malaise among consumers.)
The "Mad Money" host doesn't buy it.
"Shoppers of Williams Sonoma didn't experience a funk after the winter weather cleared, or before the weather cleared, for that matter. The shoppers at Restoration Hardware spent like mad before during and after the tough winter. They were not in a funk. Same with Burberry, which reported superb numbers," Cramer said.
Strength reported by these other retailers suggests to Cramer that the "retail funk" is more of an excuse than anything else. Rather than blame something non-quantifiable, Cramer thinks The Container Store, Lumber Liquidtaors and Tractor Supply all need to execute better.
"And I also think the weakness speaks to the inability of single-purpose retailers to deliver strong numbers with great regularity."
Read more from Mad Money with Jim Cramer
10 stocks on Cramer's radar, right now
Allergan's new tactic to stoke value
4 strong stocks for months to come
As noted above, Cramer believes the message for investors is clear; approach the sector with great caution.
Although he thinks there are ways to make money in the space, Cramer says focus on single stock stories rather than broad bets via a Retail ETF such as the XRT. "And in no case, should you pick the stocks of companies who blame the weather or their customers for weakness. Those retailers are fine to shop at, but they're not good to own."
Call Cramer: 1-800-743-CNBC
Questions for Cramer? firstname.lastname@example.org
Questions, comments, suggestions for the "Mad Money" website? email@example.com