Jim Cramer Says Interest Rates, Housing Spooked Markets Thursday

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Stocks were lower in intraday trading on Thursday and TheStreet's Joseph Woelfel noted that Treasury yields hit a one-year high as fears of higher inflation resurfaced despite Federal Reserve Chairman Jerome Powell downplaying the risks of increasing price pressures.

But what is Jim Cramer watching in the markets outside of GameStop  (GME) - Get Report?

He noted that he's got his eye on interest rates and housing. 

Recap TheStreet Live: Everything Jim Cramer Is Watching in the Markets Thursday

Curious about what Jim Cramer and his team at Action Alerts PLUS are watching in the markets? Watch Cramer's exclusive members-only Daily Rundown show on Action Alerts PLUS following TheStreet Live.

You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here.

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