Cramer: This rally is 'all about China blinking' in the trade war [MSN Money]
Comcast Corporation - Class A (CMCSA)
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Source: MSN Money
Replay Video UP NEXT 1 Cancel SETTINGS OFF HD HQ SD LO Cramer argues that this rally is 'all about China blinking' in the trade war What to watch next UP NEXT As CNBC's Jim Cramer watched an amalgam of unrelated stocks climb on Thursday, he realized that there was a key driver behind the bounce: China. I know I’m in the minority when I say this, at least among professional commentators, but today’s rebound was all about China blinking, the Mad Money host said. Cramer posited this theory to help justify why so many different stock groups — the airlines, fintech plays, defense stocks, chipmakers and health care names included — rallied just one day after the U.S. escalated its trade war with China . He argued that the fact that Chinese officials didn't immediately propose their own tariffs like they did after the Trump administration's first $34 billion wave of dut
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