RECENT POSTS
- Don’t Trust Buybacks
- Buying the Right Sell-Off Stocks
- Buy Broken Stocks, Not Broken Companies
- The Biggest Market Myth There Is?
- The Key to a Successful Turnaround
- Lightning Round: Corning, Visa, NYSE Euronext and More
- Cramer’s 3 Stocks to Avoid
- Cramer: Play Defense with B&G Foods
- Cramer: Chico’s Proves Ailing Retailers Can Make a Comeback
- Cramer's Advice for the SEC
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 
Stop Trading!: Europe, Please Stand Up
 |
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
