Jim Cramer: "Today's Rally Signals the Start of a True Market Upswing, Not a Bear Market Bounce"

### U.S. Stock Market Surges Over 2.5%; Jim Cramer Suggests It May Signal a True Recovery On April 22, the U.S. stock market experienced a significant upswing, with all major indices rising by more than 2.5%. CNBC’s prominent anchor Jim Cramer suggests this rally might be the beginning of a genuine recovery rather than just a bear market bounce. During his show *Mad Money*, Cramer stated, “Recovery always begins with a bear market rally,” adding, “This could be that moment.” Despite the prevailing skepticism, he underscored several positive indicators that point to a potential market recovery. Cramer highlighted that a significant boost to investor confidence came after President Donald Trump assured that he would not dismiss Federal Reserve Chair Jerome Powell. This political stability, according to Cramer, could act as a further catalyst for the market's upward trajectory in the coming sessions. ### Three Key Factors Supporting Recovery Cramer identified three primary drivers that may sustain the market recovery: 1. **Progress in International Trade Negotiations**: He emphasized that reducing trade tensions with China could greatly improve market sentiment. Cramer advised President Trump to adopt a more conciliatory approach in dealings with China's President Xi Jinping to bolster investor confidence significantly. 2. **Declining Oil Prices and Potential Federal Reserve Rate Cuts**: Falling oil prices, he explained, could prompt the Federal Reserve to lower benchmark rates, thus stabilizing the bond markets and driving equity gains. Even with underperforming economic metrics, the anticipation of rate reductions could still serve as a positive force for stocks. 3. **Growth in IPO and M&A Activity**: An increase in U.S. initial public offerings (IPOs) and mergers and acquisitions (M&A) could further uplift the market, signifying renewed corporate optimism. Cramer concluded that “someone will eventually make concessions” in addressing key geopolitical and economic challenges. When these concessions occur, the market could enter a more favorable phase. He emphasized that easing trade tensions and economic stimulus measures from the Federal Reserve would be crucial for a sustained stock market recovery.