The US economy could be "on the brink of a significant slowdown"

Jim Cramer, of CNBC, said on Tuesday that investors needed to balance their exposure to the market by keeping cash aside because there is "real concern here".

"I think we could be on the verge of a major slowdown in the US economy if something does not change soon," said the animator of "Mad Money." "Consumer and business confidence [is] decline. Things do not feel good in this country. "

According to the main indices' shares on Tuesday – stocks resumed in the morning before the Dow Jones Industrial Average lost nearly 238 points, the S & P 500 index lost 0.84% ​​and the Nasdaq Composite fell by 0 , 39% – Cramer said that it was difficult to live with this market.

"You are damned if you have any and you are damned," he said. "Be patient, pay nothing for nothing here Wait for your argument For the moment, in most sectors, it is still too early to launch a momentum."

Energy and utility companies are at a standstill because of current and potential political priorities, Cramer said. While President Donald Trump continues to be in favor of coal production, the leaders also weigh on the chances of the Democratic Party to win the White House in 2020, he said.

Trump continues to downplay climate change, Cramer said, noting Monday that the UK's New York Times newspaper said Trump was hardening its climate position. However, the group of presidential candidates for democratic elections encourages climate-friendly initiatives.

"What are they supposed to do here? Simple, they do not do anything. They are waiting for this to see who wins in 2020," he said. "But they're not doing anything … a huge production of jobs [initiatives] exit through the window. "

The ongoing trade war between the United States and China is also weighing on consumer confidence, Cramer said. Most companies will not be affected by tariffs on multi-billion dollar goods that have been stored among the world's largest economies, but tensions have made retail stocks too risky to invest, he said.

Jamie Dimon, CEO of JP Morgan Chase, said earlier in the day that the trade dispute was "going from a skirmish to a much larger one than that" and that, if the situation worsened, it could be what "would change the trust … [and] the willingness of people to invest. "

"It's very frustrating to buy an action when you do not know whether the profit estimates will go up or down, and that it's the president's rates that get things done," said Cramer.

Cramer also noted that "yields do not protect you anymore … stocks continue to fall, fearing a global slowdown tied to tariffs." He pointed out that dividend stocks have not risen as usual when US Treasury bond yields fall to their current level.

In addition, the "IPO Parade" continues to raise capital. Unicorns coming to the market, such as Uber and Lyft, have run out of business, Cramer said. Investors are cautious when they buy new contracts, he said.

"On the one hand, there are many good reasons why you can not live with this market, but, on the other hand, you can not live without it either," he said. he declares. "Avoiding actions is as risky as owning them here."

"But if we keep going down, we'll cook in the negatives and the danger will be on the bear side, just like the bear was doing today," Cramer said.