“I think you can do very well right now in a balanced portfolio that also has a lot of cash on the sidelines. You want to be ready for the moment when things really get better. There’s just so much uncertainty, you have to be a little more “We would be more careful than we would like at least in some key areas,” said Mad Money. The latest US inflation data revealed that consumer prices rose 8.5% in March from a year earlier, their highest level since 1981. Shares fell on Tuesday in response, with the Dow industrial average Jones fell 0.26%, while the S&P 500 fell 0.34%. The Nasdaq Composite fell 0.30%. Kramer said that while he did not believe investors should lose any hope that the market would recover, he was wary of spreading “false positives.” He noted the Russian invasion of Ukraine, the Covid disruption in China, and the lack of semiconductor chips as some of the main culprits in poor market performance. “When there are fewer problems, you leave the realm of hope and head to the realm of rational possibilities.… I like to bet on rational possibilities. That’s why we have so much cash ready for the Charitable Trust that we can jump when we “We see them,” Kramer said. “But for now, all we have is hope, and that is not enough for a game,” he added.
