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Jim Cramer: The Money Isn't Leaving the Casino

Real Money

The test begins anew. Last week the market rallied into the placing of tariffs on China. IT went up 3% as we thought the worst was over. Shouldn't we give back that 3% now? That's certainly what is on the agenda. It would seem to be a realistic assumption given the wide range of the tariffs proposed and much bigger target --- $200 billion of goods versus the $34 billion that went into place on Friday. That, plus a decline in the price of oil -- something that this market bizarrely views as negative despite all of the stories saying how bad it is for the economy -- are rippling through and do threaten the gains from the industrials and the oils that we got since this week began. I think what people