Cramer: Bear market 'irrepressible' outside of tech as rising costs hurt travel, housing, utilities and banks
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CNBC's Jim Cramer said the bear market is "irrepressible" except for tech stocks.
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Cramer highlighted weakness in previously bullish sectors like travel, housing, utilities, and banks.
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Rising costs, tighter credit, and higher interest rates have hurt these sectors.
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Without more sectors turning around, any rally will be constrained, Cramer said.
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Cramer believes only tech has a strong bull case currently based on AI potential.
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