FEATURED SLIDESHOW
Who Is The Worst CEO?Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
nominations.
RECENT POSTS
- Mad Mail: Gaming Grandma’s Passing?
- Lightning Round: Exxon Mobil, Altria, Cree and More
- Lightning Round OT: Incyte, Randgold Resources and More
- What Cramer and the Obamas Have in Common
- Cramer’s Christmas List: Jimmy Buffett Margarita Machine
- Cramer: Watch Tech Stocks on Wednesday – Here’s Why
- Cramer: Tuesday's Market Action Explained
- Time to Sell Eaton?
- Lightning Round: Unitedhealth, Wendy's and More
- Lightning Round OT: Yamana Gold, 3Com and More
MAD MONEY FEATURES
PODCASTSWatch the Lightning Round whenever and wherever you want.
OFFICIAL MAD MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
CRAMERS SOUNDBOARDAdmit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.
CHECK OUT OUR PHOTOSCheck out Cramer on set, back to school, behind the scenes and more.
SHOP FOR MAD MERCHANDISEBuy Cramer books, bobbleheads and other Mad Money merchandise.
RING TONESPick up the phone! It's Cramer! New Mad Money sounds for your cell phone.
TEXT MESSAGE ALERTMad Money's mobile. Get show highlights sent to your phone.
Text Size 
 |
Now that the Federal Reserve has cut interest rates to 1%, the U.S. has done virtually everything it can to claw its way out of the markets’ troubles. Now, Cramer said during his regular Stop Trading! segment, Europe has to step up.
Caterpillar [CAT
Loading...
()
], which recently reported a less-than-stellar quarter, is struggling mainly because of business in Europe. So a decline in rates, and a return in minerals and oil, is good for the company. Cramer’s hoping that a decreased concern with inflation will allow the European Central Bank to make much-needed cuts.
While China recently lowered its rates to 6.66% from 6.93%, something “we need,” Cramer said, the Bank of England has held rates at 4% despite the recession that country’s in.
Despite suffering through a recession of its own, the Bank of England still holds interest rates there at about 4%. And while China recently lowered its rates to 6.66% from 6.93%, inflation has seemed to be a concern for central banks the world over, preventing the kind of cuts the world markets need. For Tuesday’s 889-point Dow rally to continue, Cramer said, Europe needs to follow America’s lead.
“Europe cuts and China cuts, the rally’s sustainable,” Cramer said. “Without it, it’s just going to go right back down.”
“We’ve now down everything we can on our end,” he said. “Let’s hope that Europe listens.”
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes