We recently published a list Jim Cramer raises a big question about rates and discusses these 11 shares. In this article we will look at where Palo Alto Networks Inc (Nasdaq: PANW) is against other shares that Jim Cramer discusses.
In a recent performance at CNBC’s Squawk on the street, Jim Cramer asked the question that is with everyone’s thoughts now that President Trump has lifted the veil of his promised rates. Cramer wondered how the rates would be implemented:
‘Did you find out how to take the rate if you move Mexico goods here? What are you going to do? We just bring the money to it so that we are ready, we are just there. We have moved the trucks as well as possible as we can. This is my wife’s mescal … we don’t know how to give it to someone.
He went on and added:
“There is no clarity. I wish that was because we could continue with our lives. Maybe there is an external entry service. Is it set up? Is Musk set up?”
In response, Cramer’s co-host David Faber speculated that the money collected from rates might go to the American sovereign wealth fund and perhaps even Tiktok could also become part of the fund. Cramer shared about this:
‘Didn’t you want us to make a joke? Wish not? I mean, I have a mescal truck, and it will be five thousand dollars more than it was. And I think, okay, so what if we sneak it in. No, you can’t do that, that’s against the law. So we just keep it on the Mexican side of the border and keep it to the American side and keep writing to the American side. “
Although he may be uncertain about the rates, Cramer still does not believe that a recession is possible. Then his fellow guesthouse Carl Quintanilla called a Goldman report of recession opportunities that increases to 35%, Cramer replied:
“I don’t see it happening. I also rebelled against the term stagflation. Because the only real-time we had real stagflation was under carter. We didn’t have it, it has not been a big bet, now it might be a great gamble. But you know that I would rather use it, self-inflicted.
As far as President Trump and the stock market are concerned, Cramer wondered if Trump was only focused on the down rather than in other markets. According to him:
“I would come back and say the only one, the anomaly here, is the industrial average of Dow Jones, has held incredibly well. And the president looks at the Dow. And if you look at the average of Dow Jones, you know David, what is there, they are just charmed.
