Cramer warns of ‘incredibly overconfident’ market after U.S.-Iran ceasefire

Posted by MarketsWire

"The idea that everything will finally go right in the Middle East seems like a real stretch to me," Cramer said.

1 replies

tomspark wrote:

cramer's been saying the market's overconfident since like 2015 lol. broken clock situation. that said, geopolitical risk premiums do tend to deflate fast once a ceasefire happens, so maybe he's got a point even if his track record is... rough. the real question is whether this actually sticks or if it's just the market pricing in a best case scenario that collapses in 6 months.