Economy vs. Stock: Kramer’s ‘Mad Money’ Recap (Tuesday 9/15/20)

The stock market does not represent the real economy, Jim Kramer reminded his Mad Money audience on Tuesday. This is the reason that when the stock market is reaching new heights, there is a dire need for additional stimulus at the gigantic level of the real economy.

If you look at our economy only through the lens of the stock market, then you will only see strong earnings from Adobe Systems (ADBE) – Get Report Sending shares up to 2.1% and reducing earnings from FedEx (FDX) – Get Report Indication that commerce is strong. It is easy to look at these figures and think that our economy is strong and COVID-19 is in the rearview mirror.