Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
"It seems like what the two leaders have done is try to set some of the thorny political issues to the side," said Dhruva Jaishankar, director of the U.S. Initiative at the...Asia Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
The United States has cleared the final procedural hurdle in order to impose tariffs on billions of dollars of European products later this month.World Economyread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
The tech heavy Nasdaq is flirting with a level not seen since the Dotcom Boom went bust.
Hard as it may be to believe, more than a decade has passed since the Nasdaq composite last traded at 4,000. However, in recent days the index has again been flirting with the somewhat lofty level.
The milestone has generated some concerns on Wall Street.
Skeptics can't help but wonder if technology stocks are about tumble again, as they did in late 2000 and 2001.
They argue the sharp premiums assigned to Netflix and Tesla are again signs of irrational exuberance just as investors became irrationally exuberant about eToys or Pets.com, two of the more high profile dotcom failures.
With the Nasdaq flirting with the lofty milestone, is it time to pack it in?
Cramer says it's time to make a decision.
"You can look at that one of two ways: that the tech sector is totally overheated again and can collapse at a moment's notice. Or you can look at it as if a whole new group of companies is now excelling and that's where the money is made," Cramer said.
"I proudly endorse the latter view even as I know it is controversial and considered to be sacrilegious to the orthodoxy of traditional valuation," Cramer added.
In other words, the Mad Money believes many tech stocks have such strong future potential, the current levels of the Nasdaq can be justified.
"Small tech companies are creating disruptive technology that could potentially change the landscape," Cramer explained.
They could absolutely change the way we live.
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"I fear sometimes we forget why we invest in tech," Cramer said. "We don't do it for cheapness, we don't do it for dividends, we don't do it for buybacks, we do it for growth," he said.
And when you consider the growth potential of some of these disruptive technology companies, Cramer thinks current levels in the Nasdaq make all the sense in the world.