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2025-04-23 06:31:15

CNBC’s Jim Cramer says the recent market rally would sustain

Stocks jumped on Tuesday, resulting in hopes that the recent bounce will lead to an actual recovery, according to CNBC host Jim Cramer. Cramer pointed to a more than 2.5 percent rise in each of the three major U.S. indexes as a possible turning point. He conceded that many investors still fear the market will retreat, yet he said every true comeback begins as a “bear-market rally.” Cramer said one fresh reason for renewed confidence emerged minutes after the trading ended. President Donald Trump told reporters he would not dismiss Federal Reserve Chair Jerome Powell. The President’s remark is “already likely to catapult stocks higher” when the opening bell rings on Wednesday, Cramer said. “When you get this kind of rally, it doesn’t happen because someone gave you the green light to start buying,” he said. “By the time there’s definitive proof, usually the rally’s been going on for a while.” Cramer listed several signals for a possible rebound The Dow Jones Industrial Average is on track for its worst April since 1932, an early Depression year. Cramer reminded viewers that the Dow bottomed that same year and then clawed back for the rest of the decade. A single nation agreeing to some of Trump’s aggressive tariff demands, such as moving manufacturing to the United States, could start a chain of concessions, he said. A deal with China would be especially powerful, provided Trump treats President Xi Jinping with respect. Crude oil has been sliding for months. Further declines could nudge the Fed toward an interest-rate cut, satisfying Trump’s public calls for easier money and calming the bond market. At the same time, softer numbers would also raise the odds of a rate cut, Cramer added. More initial public offerings and merger deals would signal fresh faith in future earnings. Cramer argued that the chances of every single piece going wrong are low. “Sooner or later, somebody’s got to blink,” he said. “Doesn’t matter who. And when that happens, we’re going to be in much better shape.” The veteran market watcher stopped short of declaring victory. Still, he said Tuesday’s action offers a clear checklist for bulls eager to know whether a wary rally can grow into a full-fledged recovery. He also warned that headlines can change quickly, and investors must stay alert for shocks or sudden setbacks. In response to Trump’s recent remarks, Bitcoin increased by 3%, with coins like Ethereum, Solana, and Ripple following the market rally . At the same time, S&P 500 futures increased by 1.4% while Nasdaq 100 futures went up by 1.6%. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

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