CNBC’s Jim Cramer stated that market volatility may worsen earlier than it will get higher as U.S.-China commerce tensions drag on.
“I am not saying you need to skedaddle from each inventory with significant Chinese language publicity,” the “Mad Money” host stated. “I simply need you to know what you personal so you are not shocked when this sample continues. That approach, you can purchase shares that get marked down for the improper causes the following time the entire market will get hammered.”
The retail, semiconductor and automotive industries have been among the greatest victims of the commerce battle between the world’s largest economies.
As retailers roll out their quarterly earnings studies this week, Cramer stated traders have been extra fascinated with their ties to China than same-store gross sales and earnings progress. Kohl’s, specifically, …