{"id":75712,"date":"2026-07-21T12:11:37","date_gmt":"2026-07-21T12:11:37","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/jim-cramer-calls-the-market-miserable-as-oil-tariffs-and-fed-hawkishness-rattle-wall-street\/"},"modified":"2026-07-21T12:11:37","modified_gmt":"2026-07-21T12:11:37","slug":"jim-cramer-calls-the-market-miserable-as-oil-tariffs-and-fed-hawkishness-rattle-wall-street","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/jim-cramer-calls-the-market-miserable-as-oil-tariffs-and-fed-hawkishness-rattle-wall-street\/","title":{"rendered":"Jim Cramer Calls the Market &#8216;Miserable&#8217; as Oil, Tariffs, and Fed Hawkishness Rattle Wall Street"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Jim Cramer called the market \u201cmiserable\u201d on July 21 amid oil, tariff and Fed pressure.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">WTI crude jumped 9.4% to $78.14 a barrel after Trump reimposed a Strait of Hormuz blockade.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The Fed holds rates at 3.50%-3.75%, with half of officials open to a hike this year.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Not the First Time He\u2019s Reached for That Word<\/h2>\n<p>Cramer\u2019s comment is not an isolated outburst given that he used nearly identical language in March, telling viewers of his show \u2018Mad Money\u2019 that it had been \u201c<a href=\"https:\/\/www.cnbc.com\/2026\/03\/27\/cramers-gameplan-oil-driving-sell-off-tech-wont-bottom-until-it-ends.html\" target=\"_blank\" rel=\"noopener noreferrer\">another miserable week\u201d<\/a> for the market, explaining:<\/p>\n<blockquote>\n<p>\u201cFour weeks since the war started and it\u2019s been pretty darn awful.\u201d<\/p>\n<\/blockquote>\n<p>The outburst came amidst the ongoing (and seemingly never-ending) Iran conflict, which first pushed oil prices higher and dragged tech stocks down with it. Four months later, the same underlying conflict is still the dominant force behind his description of the market as miserable again.<\/p>\n<p>The recurrence says as much about the unresolved conflict as it does about Cramer himself. His warning in March that \u201cthe history of oil shocks is littered with bear markets\u201d has proven durable advice through a summer defined by repeated flare-ups in the Middle East, each one rattling markets in a similar pattern of oil spikes followed by equity selloffs.<\/p>\n<h2>The Oil Shock Behind the Mood<\/h2>\n<p>The immediate trigger for July\u2019s volatility traces to President Trump\u2019s decision to <a href=\"https:\/\/news.bitcoin.com\/bitcoin-roars-back-above-65k-as-iran-war-fails-to-break-whale-buying-frenzy\/\">reimpose a naval blockade<\/a> on Iran through the Strait of Hormuz, a waterway that carries roughly a fifth of the world\u2019s oil transport. West Texas Intermediate (WTI) crude jumped 9.4% to settle at $78.14 a barrel on the news, one of the sharpest single-day moves for the commodity so far this year.<\/p>\n<p>Trump initially demanded a 20% fee on all cargo shipped through the strait under U.S. protection before later abandoning that demand in favor of alternative investment commitments from Gulf states.<\/p>\n<p>That kind of policy whiplash has become a recurring feature of this year\u2019s markets, with oil prices lurching higher on each new blockade threat and partially retracing whenever tensions ease. Cramer has separately flagged tariff-related price increases as compounding the pain for lower-income consumers already dealing with persistent inflation.<\/p>\n<h2>A More Hawkish Fed Adds to the Pressure<\/h2>\n<p>Monetary policy has offered little relief given that the Federal Reserve has held its target rate at <a href=\"https:\/\/www.federalreserve.gov\/monetarypolicy\/files\/20260710_mprfullreport.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">3.50% to 3.75%<\/a>, and new Fed Chair Kevin Warsh has moved the central bank away from the forward guidance investors had relied on, shifting instead toward a purely data-dependent approach.<\/p>\n<p>Roughly half of Fed officials now say at least one quarter-point rate increase could be necessary before the end of 2026, a notable reversal from the rate-cutting expectations that dominated market discussion earlier in the cycle.<\/p>\n<p>Cramer flagged the shift just a day earlier, telling viewers it was time to <a href=\"https:\/\/www.cnbc.com\/2026\/07\/20\/jim-cramer-look-beyond-tech-ai-uncertainty.html\" target=\"_blank\" rel=\"noopener noreferrer\">look beyond tech stocks<\/a> as artificial intelligence-related uncertainty adds another layer of risk on top of the oil and rate picture. He has also pointed to <a href=\"https:\/\/www.cnbc.com\/2026\/07\/16\/were-trimming-our-hedge-on-lower-rates-which-may-take-longer-to-materialize.html\" target=\"_blank\" rel=\"noopener noreferrer\">elevated rates as a specific drag<\/a> on individual names, describing Home Depot as a great \u201chouse\u201d trapped in an awful \u201cneighborhood\u201d of high borrowing costs that keep pressuring rate-sensitive sectors like housing and retail.<\/p>\n<h2>Bitcoin Caught in the Same Current<\/h2>\n<p>Cramer\u2019s crypto commentary has swung sharply over the years, from calling bitcoin \u201c<a href=\"https:\/\/news.bitcoin.com\/mad-moneys-jim-cramer-prefers-btc-to-mstr-tells-investors-own-bitcoin-thats-a-winner\/\">a winner<\/a>\u201d worth owning over Strategy\u2019s stock to later turning fully bearish and questioning where the asset\u2019s bulls had gone as it <a href=\"https:\/\/news.bitcoin.com\/where-are-bitcoin-bulls-jim-cramer-questions-absence-as-btc-struggles-below-80k\/\">struggled below $80,000<\/a>. His market-wide \u201cmiserable\u201d framing this time was not specifically about bitcoin, but the asset has traded in the same risk-off environment, changing hands near $65,000 on July 20 in what analysts have broadly described as a mixed and directionless stretch for crypto prices.<\/p>\n<p>The near-term path for sentiment likely hinges on whether the Hormuz standoff de-escalates or produces another spike in oil prices, and on how the Fed\u2019s newly data-dependent messaging is interpreted at its next policy meeting. Trump has already reversed course once on the strait fee within the same week, a reminder that the geopolitical piece of this equation can shift again with little warning.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/jim-cramer-miserable-market-oil-fed-july-2026\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Jim Cramer called the market \u201cmiserable\u201d on July 21 amid oil, tariff and Fed pressure. WTI crude jumped 9.4% to $78.14 a barrel after Trump reimposed a Strait of Hormuz blockade. The Fed holds rates at 3.50%-3.75%, with half of officials open to a hike this [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":75713,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75712"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75712"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75712\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75713"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}