Jim Cramer is always analyzing the dynamics of the market. And after looking at a wide range of developments, he thinks a confluence of positives may be coming together.
"I have been building a thesis that a decline in inflation isn't being taken into account positively enough by the stock market," Cramer said.
The "Mad Money" host drew the conclusion after Russian President Vladimir Putin banned U.S. chicken imports. Although immediate analysis suggested the ripple would be very negative, and it may be for chicken farmers, since that time commodities have tumbled.
"We are now in the midst of a wholesale retreat in prices for virtually every commodity I follow save cheese. Grains, hogs, cattle, poultry, they are all getting hammered. The building blocks of the American diet are tumbling down in price," he said.