CNBC’s Jim Cramer on Tuesday mirrored on income season, pronouncing it used to be no longer disappointing when viewing sectors’ performances as a complete. He argued that many shares have been overwhelmed no longer on account of firms’ deficient efficiency, however because of elements like prime rates of interest.CNBC’s Jim Cramer on Tuesday gave his tackle income because the season attracts to an in depth, pronouncing that sectors as a complete controlled to accomplish rather smartly. Moderately than deficient stories from firms, he stated many shares dipped because of different issues, particularly emerging rates of interest.”While you take a look at all of the teams, this used to be no longer a disappointing income season in any respect,” he stated. “We noticed a whole lot of just right numbers, however many shares have been overwhelmed via rate of interest worries or weight-loss drug issues.”Cramer first pointed to a couple firms within the “Magnificent Seven” Nasdaq cohort, like Microsoft, who he stated had a forged quarter. He argued that Alphabet additionally reported certain effects, he stated, including the inventory can have “roared” if control had higher defined problems with the corporate’s cloud trade. Cramer additionally stated he did not perceive why some would view Apple’s most up-to-date quarter as a leave out, announcing that analysts must focal point at the corporate’s rising carrier earnings flow.He additionally stated firms within the semiconductor area like AMD and Intel did smartly, and industrials noticed “the fewest misses in ages.” Cramer referred to as healthcare a “massive brilliant spot,” pronouncing many clinical shares put our certain effects. On the other hand, he conceded that some can have been blunted via fears about weight reduction medicine shrinking their finish markets.And regardless of the uptick in loan charges over the last quarter, Cramer argued that homebuilders like Lennar, Pulte, DR Horton and Toll Brothers had the most efficient estimate beats of any business. He additionally stated that businesses within the utilities sector reported certain figures, however have been harm basically on account of the bond marketplace.”Except Whirlpool and drug corporate Pfizer, I have been very inspired with just about each corporate that is reported thus far,” Cramer stated. “It is virtually as regardless that all of those income statement is coming from a parallel universe—one that is in point of fact a lot worse than fact.”Jim Cramer’s Information to InvestingSign up now for the CNBC Making an investment Membership to practice Jim Cramer’s each transfer available in the market.Disclaimer The CNBC Making an investment Membership Charitable Agree with holds stocks of Microsoft, Alphabet and Apple.