Jim Cramer says investors need to take a 'longer view' to survive this volatile market

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Jim Cramer says investors need to take a 'longer view' to survive this volatile market
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'Anyone who thinks they know what’s gonna happen in the next hour or two is wrong,' CNBC's Jim Cramer said on Tuesday.

CNBC's Jim Cramer on Tuesday said that despite scary events of recent weeks, investors should not make decisions based on day-to-day fears.

CNBC's Jim Cramer on Tuesday said that investors are operating too much out of fear and instead need to take a long-term perspective of the market and "accentuate the positive." For example, Cramer pointed to the recent fall of Silicon Valley Bank, which triggered initial worries that the Great Recession would repeat itself. That led to a selloff of oil and industrials, which people assumed would be impacted by bank-run contagion. But First Republic and regional banks were stable Tuesday after Treasury Secretary Janet Yellen said that bank deposits will be protected, sending investors jumping back into oils and industrials.

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