In a current tweet, Jim Cramer, the host of CNBC’s “Mad Cash”, lately reiterated his opinion {that a} new bull market is already right here. 

This comes as no shock given his earlier feedback on the state of the markets. Again in January, Cramer informed buyers that the market is in bull mode and that any potential setbacks characterize alternatives to purchase on a dip.

He said that the market’s capacity to realize surge greater due to robust earnings experiences steered that was extra room to run.

Nonetheless, earlier right now, Cramer tweeted that the U.S. Federal Reserve would preserve financial tightening and finally set off a recession.  

Cramer’s views on cryptocurrencies, nonetheless, have been much less bullish. Final month, he warned cryptocurrency market members to train warning amid the drama surrounding Barry Silbert’s Digital Forex Group. Cramer additionally suggested buyers to think about exiting their crypto positions. 

He even referred to crypto as “the creation of cash by cretins” to focus on his disdain for the asset and described the holders of main altcoins, resembling Litecoin, holders as “idiots”.

Furthermore, Cramer referred to as on the U.S. Securities and Trade Fee to clamp down more durable on the cryptocurrency market.

Regardless of the huge surge in Bitcoin in January, Cramer lately warned towards getting into the crypto house. He suggested buyers to avoid cryptocurrencies and as an alternative go for gold as a hedge towards inflation or financial chaos.

He sees the lustrous metallic as a significantly better various in comparison with the world’s hottest cryptocurrency. 

Whereas Cramer is now bullish on the inventory market, he continues to advise warning for buyers within the cryptocurrency house.