Stocks vs. the Economy: Cramer’s ‘Mad Money’ Recap (Tuesday 9/15/20)Jim Cramer asks about more stimulus for the economy. Without help, too many small businesses can’t wait for a vaccine, and social distancing is deadly to retail.Author:Scott RuttUpdated:Sep 15, 2020 8:57 PM EDTOriginal:Sep 15, 2020
The stock market doesn’t represent the real economy, Jim Cramer reminded his Mad Money viewers Tuesday. That’s why while the stock market is hitting new highs, vast swaths of the real economy are in dire need of additional stimulus.
If you only look at our economy through the lens of the stock market, you’ll only see strong earnings from Adobe Systems (ADBE) – Get Report sending shares up 2.1% and blowout earnings from FedEx (FDX) – Get Report signaling that commerce is strong.