The Trouble With Trade and Tariffs: Cramer's 'Mad Money' Recap (Tuesday 6/18/19) [TheStreet.com]
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The Trouble With Trade and Tariffs: Cramer's 'Mad Money' Recap (Tuesday 6/18/19) The specter of no trade deal with China at next week's G-20 summit is a real possibility, Jim Cramer cautioned his Mad Money viewers Tuesday. And if that happens, especially after today's big rally, stocks could get pummeled. Cramer said stocks need positive news on China to make their next leg higher, but he's betting next week's summit will see no deal, as the Chinese are notorious for walking away. There aren't many investors taking the contrarian view, Cramer said, and that means certain sectors could get hit hard. The semiconductors rallied today, but Cramer said Broadcom ( AVGO - Get Report ) and Xilinx ( XLNX - Get Report ) could both see weakness without a deal. Then there's Apple ( AAPL - Get Report ) , which sits in the crosshairs of the trade war. Apple is also a prime target for a decline without a trade deal. Cramer was also bearish on the industrials. He said Caterpilla
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