GoKawiilCramer: Frozen housing, IPO and M&A markets are dragging down stocks
Jim Cramer said on CNBC's Mad Money that slowing activity in housing, IPOs and M&A is freezing out gains across several market sectors. He cited mortgage rates near 7.5%, 52-week lows for Home Depot, Lowe's and Whirlpool, and postponed IPOs from Oura and Inspire Brands as evidence, along with roughly 12% September declines in Morgan Stanley and Goldman Sachs shares.
GoKawiil's interpretation of the reporting above, not reported fact.
Cramer's remarks suggest that high rates are not just squeezing homebuyers but also choking off deal-making that investment banks rely on for fee income, which could keep pressure on a broad swath of stocks tied to housing and capital markets. His framing implies investors should watch for catalysts—like rate cuts or renewed deal activity—that might 'unfreeze' these sectors, though he does not specify when that might happen.
- Mortgage rates near 7.5% have made housing least affordable in 40 years, per Cramer
- Homebuilders, home-improvement retailers and appliance makers are hitting 52-week lows
- IPO and M&A slowdown is pressuring investment banks like Goldman Sachs and Morgan Stanley
Source: cnbc.com — Alexa Lomonaco, 2026-09-30
Published there as: “Cramer says 'frozen' conditions are holding many stocks back. Here's what could change that”
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