CNBC Investing Club

Cramer's Investing Club: Stocks sink this week ahead of Big Tech earnings next

Traders on the floor of the NYSE, Jan. 21, 2022.
Source: NYSE

Markets continued to take a beating this week as investors appeared to be pricing in even more hawkish Federal Reserve action throughout the year than originally feared. Fortunately, we will get an update next week, when Fed Chairman Jerome Powell hosts the FOMC press conference on Wednesday, at 2:30 p.m. ET, a half hour after the central bank's policy statement for its two-day January meeting.

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