Yes, Jim Cramer has been a bear lately. And guess what? He has been right, even though there was a late afternoon rebound on Tuesday. It seems that everyone has adopted a bearish outlook recently, which made Cramer even more worried.
There is plenty for the "Mad Money" host to dislike about the market recently, it seems that most other commentators are also bears, which prompted Cramer to clarify what would make him more constructive right now despite the endless torture.
"The Fed's indecision is a huge part of the overhang. Sometimes I wonder what do they know that we don't. What is the looming event they are so worried about?" Cramer asked.
And it's not just the Fed that Cramer doesn't like right now. It is a combination of the political backdrop, no one caring about a weakening dollar, Chinese struggles and good news meaning nothing these days that has him on edge.
"I don't hear much bullish commentary anymore from anyone. I feel most commentators have joined me in the bearish camp, and that's worrisome. The consensus is rarely right when people are all in, no matter what the direction," Cramer said.