Jim Cramer: It's the Fed versus China and Putin and stocks hang in the balance
It turns out that the irrational just stayed irrational longer than we thought it would. When we talk about investing strategies, we often talk about probabilities and that they almost always do work out. The idea that the market can go down endlessly without a respite seems unlikely. We get oversold. Good things do happen. We catch a break with an earnings report or a piece of news from commerce or labor or housing that makes things better.
China's President Xi Jinping and Russian President Vladimir Putin pose with Mongolia's President during their trilateral meeting on the sidelines of the Shanghai Cooperation Organisation leaders' summit in Samarkand on September 15, 2022.
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