Investors are concerned about the implications of Brexit on the market.
During Jim Cramer's members-only Action Alerts Plus monthly call, Cramer was asked if Brexit and other economic weakness in Europe suggest that financial is a risky sector to invest in.
"Brexit's going to be very disruptive for European companies. I actually believe that," said Cramer. "It's not going to be disruptive for our companies, and it's going to keep [Federal Reserve Chair] Jay Powell on hold."
"It's one of the things that keeps Powell on hold. No inflation and Brexit. He's got to be worried. It's going to be a dip," Cramer added.
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