«In fact, I believe a
really strong employment number would be met with a massive amount of selling in the stocks of the homebuilders, as they're the most rate - sensitive group,» the «Mad Money» host said on Thursday.
John Williams, the president and CEO of the San Francisco Federal Reserve, will speak on Monday, and Cramer is curious to see if Friday's
strong employment number will be translated in to action.
San Francisco also remains as one of the top two office markets in Marcus & Millichap's National Office Property Index, alongside San Jose, as a result of
its strong employment numbers and low vacancy.