“This market is screaming that we are heading for one [Federal Reserve]”Mandatory slowdown, which could potentially lead to a recession ordered by the Fed,” said the Mad Money presenter. who have been hit the hardest can end up looking quite tempting. “ The first quarter of 2022 was characterized by uncontrollable instability. Russia’s ongoing invasion of Ukraine in February pushed up commodity prices, including oil, while in March the Fed made its first three-year rate hike in a bid to curb rising prices. Covid global hotspots last month also sparked a supply chain as factories in key areas such as China were forced to close. Fed Chairman Jay Powell promised in late March to take strong measures against inflation, as required. Adding to the speculative market environment, a key part of bond yields remained reversed on Monday, following a shift in 2- and 10-year bond yields last week, raising concerns about a possible recession. While reversals have historically preceded certain economic downturns, they are not guaranteed indicators. Kramer said energy stocks had the best performance in the first quarter due to price spikes, while “recession-resistant” utility stocks also rallied. Cramer also recorded the biggest first-quarter earnings and losses listed on the Dow Jones Industrial Average, S&P 500 and Nasdaq 100. Here are the winners and losers: Dow Jones Industrial Average Winners Losers S&P 500 Winners Losers Nasdaq 100 Losers Revelation: Cramer’s Charitable Trust owns shares in Chevron, Salesforce, Halliburton, Meta Join the CNBC Investing Club now to follow every Jim Cramer move in the market. Denial of responsibility Questions about Cramer? Call Cramer: 1-800-743-CNBC Want to take a deep dive into Cramer’s world? Hit him! Crazy Money Twitter – Jim Cramer Twitter – Facebook – Instagram Questions, comments, suggestions for the “Mad Money” website? [email protected]
