Cramer dismisses Wall Street worries, bull market continues

1 min read
Source: CNBC
Cramer dismisses Wall Street worries, bull market continues
Photo: CNBC
TL;DR Summary

CNBC's Jim Cramer believes that despite prevailing market worries, the bull market will continue to climb. Concerns such as the Federal Reserve's rate hikes and rising bond yields, the Israel-Hamas war, and the recent earnings season have not been enough to deter the bulls. Cramer points out that Treasury yields have actually come down, suggesting that high interest rates may no longer be driving investors away from stocks. He also highlights better-than-expected earnings reports, including Apple's, and expresses optimism about upcoming events such as the Treasury's decision to issue fewer long-term bonds and President Biden's meeting with China's President Xi Jinping. Cramer concludes that while there may be other concerns, the current wall of worry has not stopped the bull market.

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