{"id":1425,"date":"2023-02-25T08:02:23","date_gmt":"2023-02-25T13:02:23","guid":{"rendered":"https:\/\/embarrdowns.com\/cramers-6-point-checklist-what-must-happen-before-the-market-selloff-ends\/"},"modified":"2023-02-25T08:02:24","modified_gmt":"2023-02-25T13:02:24","slug":"cramers-6-point-checklist-what-must-happen-before-the-market-selloff-ends","status":"publish","type":"post","link":"https:\/\/embarrdowns.com\/cramers-6-point-checklist-what-must-happen-before-the-market-selloff-ends\/","title":{"rendered":"Cramer’s 6-Point Checklist: What Must Happen Before the Market Selloff Ends"},"content":{"rendered":"

CNBC\u2019s Jim Cramer on Tuesday gave a six-item checklist for what must happen before he will be ready to declare an end to the market selloff. As the market swings the other way in what Cramer called a \u201cPresident\u2019s Day sale\u201d, he said that this downturn might not be just a one-day affair.[0]<\/a><\/sup> To end the selloff, six things need to happen according to Cramer:<\/p>\n

JPMorgan CEO Jamie Dimon also weighed in on the Federal Reserve and the U.S. economy. He noted that \u201cthe U.S. economy right now is doing quite well. Consumers have a lot of money. They\u2019re spending it. Jobs are plentiful.\u201d[1]<\/a><\/sup> Dimon also said that the Fed may have lost control of inflation due to massive government borrowing and spending, and that it could be a while before the U.S. sees a return to the 2% inflation rate.[2]<\/a><\/sup><\/p>\n

On Tuesday, the Dow Jones Industrial Average and the S&P 500 had the worst day since December 15th, with every sector ending in the red, particularly consumer discretionary stocks.[0]<\/a><\/sup> Cramer said that this aggressive selling was a result of Wall Street betting too much on the Fed lowering inflation.[3]<\/a><\/sup><\/p>\n

\u201cIt\u2019s a tall order here. I don\u2019t even know if we can get all six of these,\u201d Cramer said.[0]<\/a><\/sup> \u201cUnfortunately, this President\u2019s Day sale doesn\u2019t feel like it\u2019s over. But this checklist will give us a real good feel. Until more of these boxes get checked, respect the sellers. In fact, you might even want to join them.\u201d[3]<\/a><\/sup><\/p>\n

Cramer also said that sectors like agriculture, oil and gas have offered bright spots, and pointed to tech firm Nvidia, which saw its stock jump 14% after a positive quarter and a bullish outlook on artificial intelligence.[4]<\/a><\/sup> He also noted that Dimon said \u201cwe should all get adjusted to\u201d more normalization of interest rates, and that \u201cAmerica\u2019s the most prosperous place on the planet.[5]<\/a><\/sup> We\u2019ll be fine.[5]<\/a><\/sup><\/p>\n

0. <\/span>“Jim Cramer says six things must happen before the market selloff can end” msnNOW, 21 Feb. 2023, https:\/\/www.msn.com\/en-us\/money\/markets\/jim-cramer-says-six-things-must-happen-before-the-market-selloff-can-end\/ar-AA17LP4T<\/a><\/a><\/p>\n

1. <\/span>“Dimon Says the US Economy Is Facing Some ‘Scary Stuff’ Ahead” Bloomberg, 23 Feb. 2023, https:\/\/www.bloomberg.com\/news\/articles\/2023-02-23\/dimon-says-the-us-economy-is-facing-some-scary-stuff-ahead<\/a><\/a><\/p>\n

2. <\/span>“Jamie Dimon Says Soft Landing Possible for Economy, but Warns of ‘Scary Stuff'” MarketBeat, 24 Feb. 2023, https:\/\/www.marketbeat.com\/articles\/jamie-dimon-says-soft-landing-possible-for-economy-but-warns-of-scary-stuff-2023-02-24\/<\/a><\/a><\/p>\n

3. <\/span>“Jim Cramer says six things must happen before the market sell-off can end” CNBC, 21 Feb. 2023, https:\/\/www.cnbc.com\/2023\/02\/21\/cramer-says-six-things-must-happen-before-the-market-selloff-can-end.html<\/a><\/a><\/p>\n

4. <\/span>“Jim Cramer Says Market Volatility Reflects Back-And-Forth Public Sentiment” NBC 5 Dallas-Fort Worth, 23 Feb. 2023, https:\/\/www.nbcdfw.com\/news\/business\/money-report\/jim-cramer-says-market-volatility-reflects-back-and-forth-public-sentiment\/3201387\/<\/a><\/a><\/p>\n

5. <\/span>“Jamie Dimon says a soft landing is possible, but ‘scary stuff’ is ahead” Business Insider Africa, 23 Feb. 2023, https:\/\/africa.businessinsider.com\/markets\/jamie-dimon-says-a-soft-landing-is-possible-but-scary-stuff-is-ahead\/remey57<\/a><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CNBC\u2019s Jim Cramer on Tuesday gave a six-item checklist for what must happen before he will be ready to declare an end to the market selloff. As the market swings the other way in what Cramer called a \u201cPresident\u2019s Day sale\u201d, he said that this downturn might not be just a one-day affair.[0]<\/a><\/sup> To end the selloff, six things need to happen according to Cramer:<\/p>\n

JPMorgan CEO Jamie Dimon also weighed in on the Federal Reserve and the U.S. economy. He noted that \u201cthe U.S. economy right now is doing quite well. Consumers have a lot of money. They\u2019re spending it. Jobs are plentiful.\u201d[1]<\/a><\/sup> Dimon also said that the Fed may have lost control of inflation due to massive government borrowing and spending, and that it could be a while before the U.S. sees a return to the 2% inflation rate.[2]<\/a><\/sup><\/p>\n

On Tuesday, the Dow Jones Industrial Average and the S&P 500 had the worst day since December 15th, with every sector ending in the red, particularly consumer discretionary stocks.[0]<\/a><\/sup> Cramer said that this aggressive selling was a result of Wall Street betting too much on the Fed lowering inflation.[3]<\/a><\/sup><\/p>\n

\u201cIt\u2019s a tall order here. I don\u2019t even know if we can get all six of these,\u201d Cramer said.[0]<\/a><\/sup> \u201cUnfortunately, this President\u2019s Day sale doesn\u2019t feel like it\u2019s over. But this checklist will give us a real good feel. Until more of these boxes get checked, respect the sellers. In fact, you might even want to join them.\u201d[3]<\/a><\/sup><\/p>\n

Cramer also said that sectors like agriculture, oil and gas have offered bright spots, and pointed to tech firm Nvidia, which saw its stock jump 14% after a positive quarter and a bullish outlook on artificial intelligence.[4]<\/a><\/sup> He also noted that Dimon said \u201cwe should all get adjusted to\u201d more normalization of interest rates, and that \u201cAmerica\u2019s the most prosperous place on the planet.[5]<\/a><\/sup> We\u2019ll be fine.[5]<\/a><\/sup><\/p>\n

0. <\/span>“Jim Cramer says six things must happen before the market selloff can end” msnNOW, 21 Feb. 2023, https:\/\/www.msn.com\/en-us\/money\/markets\/jim-cramer-says-six-things-must-happen-before-the-market-selloff-can-end\/ar-AA17LP4T<\/a><\/a><\/p>\n

1. <\/span>“Dimon Says the US Economy Is Facing Some ‘Scary Stuff’ Ahead” Bloomberg, 23 Feb. 2023, https:\/\/www.bloomberg.com\/news\/articles\/2023-02-23\/dimon-says-the-us-economy-is-facing-some-scary-stuff-ahead<\/a><\/a><\/p>\n

2. <\/span>“Jamie Dimon Says Soft Landing Possible for Economy, but Warns of ‘Scary Stuff'” MarketBeat, 24 Feb. 2023, https:\/\/www.marketbeat.com\/articles\/jamie-dimon-says-soft-landing-possible-for-economy-but-warns-of-scary-stuff-2023-02-24\/<\/a><\/a><\/p>\n

3. <\/span>“Jim Cramer says six things must happen before the market sell-off can end” CNBC, 21 Feb. 2023, https:\/\/www.cnbc.com\/2023\/02\/21\/cramer-says-six-things-must-happen-before-the-market-selloff-can-end.html<\/a><\/a><\/p>\n

4. <\/span>“Jim Cramer Says Market Volatility Reflects Back-And-Forth Public Sentiment” NBC 5 Dallas-Fort Worth, 23 Feb. 2023, https:\/\/www.nbcdfw.com\/news\/business\/money-report\/jim-cramer-says-market-volatility-reflects-back-and-forth-public-sentiment\/3201387\/<\/a><\/a><\/p>\n

5. <\/span>“Jamie Dimon says a soft landing is possible, but ‘scary stuff’ is ahead” Business Insider Africa, 23 Feb. 2023, https:\/\/africa.businessinsider.com\/markets\/jamie-dimon-says-a-soft-landing-is-possible-but-scary-stuff-is-ahead\/remey57<\/a><\/a><\/p>\n","protected":false},"author":3,"featured_media":1424,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"_links":{"self":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts\/1425"}],"collection":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/comments?post=1425"}],"version-history":[{"count":0,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts\/1425\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/media\/1424"}],"wp:attachment":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/media?parent=1425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/categories?post=1425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/tags?post=1425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}