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Cramer: Look at Domestic Players Amid Currency, Commodity Issues

August 1, 2023
in Trade Tube
Reading Time: 1 min read
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In looking at the first month of trading of 2015, Jim Cramer says the problems that plagued us in January are likely to set us up for the quarter. Cramer says a lot of people were caught off-guard by the dollar shooting up and the euro collapsing, and the commodity decline also has taken many by surprise. That’s been especially problematic as commodity producers have been crushed, while at the same time, people who take the commodities haven’t felt the positive effect yet. Cramer explains that the trends that started the month of January are not going to be arrested right now, so we don’t yet know what the outlook is going to be. This, he says, is an example of why investors would want domestic players right now.

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