November 30, 2022

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Cramer says conflicting market forces could lead to a recession

Cramer says conflicting market forces could lead to a recession

CNBC’s Jim Cramer said Wednesday that the forces of engagement that trouble the market could trigger a recession, which could then turn into an economic acceleration that sends stocks higher.

Everyone is worried about a brutal recession or rampant inflation.”

“At these levels, a lot of stocks are already reflecting a recession, so if we get a stagnant economy that will accelerate after that, the stocks could go up a lot. But if the Fed disagrees with me and we hit more than another big price hike… the market will have more of a pullback,” He said.

Main indicators Made slight gains on WednesdayThe recovery after the release of the minutes of the Federal Reserve’s June meeting showed the central bank’s dedication to reining in inflation. Commodities, which have been a major driver of rising inflation, get down Recently, with the American standard West Texas Intermediate Crude Less than $100.

Cramer admitted that the future of the market is unclear at the moment, with some deceased investors set in their beliefs that there will be a recession while others believe that the Fed will engineer a smooth landing.

However, he reminded investors to consider the damage already done to stocks, not the pain that can come.

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