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Jim Cramer Wants to Increase Cash Position as Inflation 'Runs Hot'

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Inflation concerns have been behind the selloff in the major indices this week. 

However, in Thursday's trading, we're seeing a "snapback rally" as Jim Cramer put it. 

So, how can he tell when inflation is peaking in certain areas?

Recap TheStreet Live: Everything Jim Cramer Is Watching Thursday 

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