Amid speculation that interest rates could drop despite strong U.S. economic data, Jim Cramer addresses what he calls the three "black holes" that exist: China, Japan and the Ukraine/Russia conflict. Cramer says while it's important to be wary of China and Japan, it's Ukraine and Russia that's causing a real problem for equities markets. This kind of international tension will always be bad, Cramer says, and will remain a concern even as our markets try to rebound on strong earnings and data.

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