Jim Cramer Says to Buy Selectively and Be Curious to Beat the Current Market Turmoil

while the Nasdaq Composite plummeted 4.99%, with both drops marking the worst losses in a single day since 2020. The S&P 500 slipped 3.56%, recording its second-to-worst day in 2022.raised interest rates by 50 basis points and said it will begin tightening its balance sheet in June.

"Right now, I think the market's anticipating the worst-case scenario and there's a good chance that we actually don't get it," Cramer said of the Fed's inflation-fighting measures. He added that curious investors should ask themselves several questions to gauge the state and future of the market. Here are some of the notable questions Cramer outlined:Cramer said the answer is no."If you take your cue only from the bond market, we're headed for a high-inflation world where the Fed has to raise rates aggressively. That means you should buy stocks that do well … in a high-inflation slowdown," he said.

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