Jim Cramer: China trade is a 'much smaller issue' on the market than most people realize

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Trade fears 'will eventually create fabulous discounts' in the stock market, but 'we're not totally there yet,' the 'Mad Money' host says.

"If the trade war were really all-important, the averages would never have been able to surge to record levels over and over and over again," CNBC's Jim Cramer says in the wake of a trade-related market sell-off.

"If the trade war were really all-important, the averages would never have been able to surge to record levels over and over and over again," the "The market is slow to figure out the positives, very fast to identify any negatives from the trade war, which is why we have days like today," Cramer said. "Unfortunately, I think we could have a lot more faux … trade-related pain before we're ready for some gain."

 

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A suggestion for jimcramer: try to think beyond your little Wall Street niche and support of trump-come here to Iowa and talk to a few of our farmers. They’d blow your statement to the winds.

Depends on the sector. It’s huge for stocks like $CAT and $SWK but yeah, for a good portion of the market it’s just a blip.

Cramer is just a shill. Are you kidding me. He has moved the market like a yo-yo with his comments. Give me a break.

Tell that to the small family farms that have been sold or forced to file for bankruptcy! Wall Street may not feel the affects of the trade war (yet), but I assure jimcramer that farmers have!

Interesting, yet there was that 400 pt drop.

Cramer is a trump suck up. Probably aiming to be appointed to the fed.

jimcramer TheStreet 247WallSt 3 Drives The Three Drives to a top pattern is a well-known one. It is essentially a reversal pattern that is typified by a series of higher highs or lower lows. It was first mentioned in Robert Prechter‘s renowned book Elliot Wave Principle.

You and Trump have lost your minds! Geezus Jim!

It is great

Whatever Jim Cramer says you should believe the exact opposite

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