CNBC “Mad Money” host Jim Cramer has proposed three potential market shifts that could occur if the U.S.-Iran war comes to an end.
Cramer referred to Tuesday’s market activity as a “dry run” for what might transpire when the war eventually subsides. The S&P 500 and Nasdaq Composite ended 2.91% and 3.83% higher, respectively, following news suggesting a possible de-escalation in the Middle East.
He predicts three significant market shifts if the war concludes.
First, he foresees a drop in rates, marking a notable reversal for the 10-year Treasury since the war began. This is attributed to the realization of inflation risks stemming from the war, not just from heightened oil prices but also from the effect on ancillary products from the Gulf.
Second, Cramer expects a revival in growth stocks, as demonstrated by Tuesday’s gains in Nvidia (NASDAQ:NVDA) and Marvell Technology (NASDAQ:MRVL), which closed 5.9% and 12.8% higher, respectively. He suggests that as rates decline, investors …
This post was originally published here
