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CNBC’s Jim Cramer reviewed market action as earnings season kicks off and suggested that JPMorgan Chase
can recover after its Tuesday report sent shares plummeting.
“Jamie was back urging caution and getting tough about the right to charge high fees for credit cards to make up for losses. That combination created a tsunami of selling,” Cramer said. “We saw the same thing last time. I say wait a day or two, just like last time, so you can gradually buy this one on weakness. Why? Because it will always bounce back.”
