'It's very easy to take our cue from a false cue,' argues CNBC's Jim Cramer, warning investors not to move too quickly when markets are in turmoil.
"I think you're being faked out" by tanking U.S. equities, Cramer said on "
" pointing to relatively solid corporate earnings and signals in the U.S. economy that growth can withstand drag from the U.S.-China war.Wednesday morning, as investors poured into the perceived safety of bonds, pushing yields down to multiyear lows. "It's very easy to take our cue from a false cue," Cramer added, warning investors not to move too quickly when markets are in turmoil. "We have to figure it out."
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