Each weekday the CNBC Investing Membership with Jim Cramer holds a “Morning Assembly” livestream at 10:20 a.m. ET. Here is a recap of Monday’s key moments. 1. Be prepared to purchase Wall Avenue was combined to flat in late-morning buying and selling Monday. President Joe Biden appears optimistic a couple of debt ceiling deal. He referred to as congressional leaders again to the White Home for one more assembly Tuesday. Home Speaker Kevin McCarthy thinks the edges are nonetheless “far aside.” Jim Cramer mentioned Monday there is not any deal till the Republicans and McCarthy say so. The S & P Oscillator is getting near oversold territory, and Membership members know when that occurs we’re extra apt to search for bargains. The Membership portfolio is 10% money — we’re prepared to purchase on weak spot. 2. Fee cuts nonetheless attainable in 2023 The debt ceiling disaster, which conjures up the horrible 2011 standoff which price the S & P 500 17% that summer time, comes as buyers try to see if the Federal Reserve can stamp out inflation with out placing the economic system right into a recession. Issues have slowed and final week’s knowledge confirmed inflation cooling. In his Sunday column , Jim mentioned inflation is way cooler than the info. It seems to be like a Fed rate of interest hike pause is coming in June. However will we see charge cuts this yr? Not in line with Atlanta Fed President Raphael Bostic — he informed CNBC not even when there is a recession . Jim thinks there is a case for charge cuts later this yr. 3. Ford is a purchase Citi analysts raised their worth goal on Ford (F) to $12.80 per share from to $12.50. They stored their impartial ranking. Jim mentioned Monday this inventory remains to be too low and needs to be purchased. Citi modified its Ford mannequin to replicate the automaker’s new method of reporting every enterprise unit individually, which supplies buyers clear visibility into how electrical automobiles are doing in comparison with fuel and hybrid automobiles. The latter remains to be carrying the burden. Ford holds its capital markets occasion subsequent week. We hope to listen to in regards to the bridge to the corporate’s year-end 2026 margin goal. (Jim Cramer’s Charitable Belief is lengthy F. See right here for a full listing of the shares.) As a subscriber to the CNBC Investing Membership with Jim Cramer, you’ll obtain a commerce alert earlier than Jim makes a commerce. Jim waits 45 minutes after sending a commerce alert earlier than shopping for or promoting a inventory in his charitable belief’s portfolio. If Jim has talked a couple of inventory on CNBC TV, he waits 72 hours after issuing the commerce alert earlier than executing the commerce. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.