Jim Cramer tells investors to ‘stay the course’ as markets continue to shake

Jim Cramer tells investors to ‘stay the course’ as markets continue to shake


CNBC’s Jim Cramer told investors that they shouldn’t lose faith in the market’s ability to recover after Wednesday’s declines.

“History is very clear: It says you must stay the course. The S&P 500’s already had a successful 50% retracement of its huge decline, and in the 21 times that’s happened since the Great Depression, it’s meant the decline is over every single time,” Cramer said, noting that the averages retraced 50% of their post-November decline after yesterday.

“Could this time be different? Sure, but don’t ignore the very real possibility that good things can happen, too,” he added.

The “Mad Money” host, who cautioned investors against unwarranted optimism on Tuesday, cited information from legendary market technician Larry Williams for his analysis of the markets’ future course. Cramer has relied on Williams’ analysis to make market predictions in the past.

Cramer listed several factors, in addition to the pattern Williams spotted, that suggest the markets could recover, including the Russia-Ukraine war seeming to enter a stalemate, which could potentially lead to an end sooner than later. 

He also pointed to the Federal Reserve’s recent interest rate hike, Fed Chair Jerome Powell’s strong comments on inflation and the Covid-19 pandemic potentially ending soon as additional market factors.

“This is a brutal environment with a lot of truly awful possibilities, and I wouldn’t be surprised if tomorrow’s worse than today. … But at moments of extreme doom and gloom, like I saw today, I need you to remember that the bears could perhaps be wrong,” Cramer said.



Source

Fast-casual restaurants lean on loyalty programs to offset consumer pullback
Business

Fast-casual restaurants lean on loyalty programs to offset consumer pullback

A customer exits a Cava restaurant in New York City on June 22, 2023. Brendan McDermid | Reuters As some consumers pull back on spending amid economic uncertainty, fast-casual restaurant chains are leaning on rewards programs to pull them back in. Loyalty programs, which offer discounts or added perks for returning customers, have transitioned from […]

Read More
From mustard makeovers to beef tallow, six food and beverage trends that could take over
Business

From mustard makeovers to beef tallow, six food and beverage trends that could take over

Condiments are getting an upgrade. Chefs are taking their signature sauces and dips outside the kitchen. And “swicy” still reigns. Those food trends were all on display at the Specialty Food Association’s Summer Fancy Food Show, which returned to the Javits Center in New York this week. From Sunday to Tuesday, more than 2,000 exhibitors […]

Read More
Top five tax changes for the wealthy in Trump’s ‘big beautiful bill’
Business

Top five tax changes for the wealthy in Trump’s ‘big beautiful bill’

A view of the US Capitol in Washington, DC, on June 30, 2025. Jim Watson | Afp | Getty Images The wealthy will likely see a host of new tax breaks in President Donald Trump’s “big beautiful bill,” along with permanent extensions of many of the 2017 tax cuts, according to tax experts. Taxpayers earning […]

Read More