Jim Cramer says stock market will 'blast' past current levels if trade questions are resolved

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Jim Cramer: Stock market will 'blast' past current levels if trade questions are resolved

While Cramer conceded he's not a neutral observer, since the two men"I thought he might be blowing smoke, so I gave him a chance to dial the whole thing back, take back his comments by asking about both points a second time," Cramer said of his former CNBC colleague.Robert Lighthizer"Lighthizer and Kudlow are typically in opposite camps when it comes to the trade war," Cramer said, with Lighthizer holding more hard-line principles.

"Now normally when Larry says something positive, the hardliners shoot him down a few days later," Cramer said. "If they've already signed off on his statements, though, while doesn't that make it a very different story?"That's because the uncertainty around both these trade issues is holding back the economy — "and thus the market," Cramer said.

"We could get a really positive domino effect if we pass the NAFTA replacement bill and then start getting even small concessions out of China," Cramer said. "In that scenario, earnings will explode for the weakest part of the economy, the industrials." Beyond that, Cramer said long-term interest rates should begin to inch higher, putting a stop to the inverted yield curve and the need to "worry so much about" the actions of the Federal Reserve.

"Will Larry be right? I don't know, but it's a real possibility," Cramer said. "And after this morning, you need to start factoring it in before you start doing a lot of selling right into this market."

 

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You forgot the GIF.

Uh yeah right now that Nigerian prince who keeps emailing me about a gold mine seems more credible.

SELL!

Unfortunately nothing will be resolved because there is no position or strategy involved just UnhingedMeltdown by DonTheCon who doesn't comprehend how tariffs work. TradeWar

Rather buy bitcoin

Mass blockchain adoption is happening now. Interoperability was the missing piece and it has been solved at scale by $Qnt 'What we're doing with Central Banks is going to be huge.. That's around November'

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