The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday — breaching a key psychological level.Bondsread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread more
Sundar Pichai's note reads like a response to growing scrutiny from regulators, press and employees, and echoes a consistent theme of how Google helps people.Technologyread more
Delta warned travelers that a technical problem could delay flights on Wednesday.Airlinesread more
The Fed chief said that despite reports that Trump was looking to demote or fire him, he doesn't plan on leaving anytime soon.The Fedread more
If the Trump administration and Congress fail to reach a spending agreement, the White House will offer to keep the government funded at its current levels for a year, Mnuchin...Politicsread more
With bold and targeted steps, economists say, government can increase opportunity and incomes for many more people in ways that strengthen, not weaken, American capitalism.Politicsread more
It seems Wall Street wants to point fingers. And Jim Cramer is furious that some perfectly innocent players have become the object of scorn.
"Don't blame the companies!" exclaimed the "Mad Money" host. "There's plenty wrong with this market, but don't blame the companies."
Cramer is absolutely livid over some of the rhetoric he's been hearing about the state of American corporations.
"Let's get right to my beef: I'm sick and tired of hearing that earnings are tepid and sales aren't so hot. It's just not true."
Digging through some of the major quarterly reports released over the past week or two, Cramer just can't get his head around the negativity.
"This earnings season got started with a bang from Alcoa, which told you things are improving for trucks, cars, aerospace and non-residential construction, " Cramer noted. "I heard people say the revenues were weak. That's a joke. And no one recognized this was Alcoa's best quarter in years on both the top and bottom lines. "
Also Cramer was baffled by Wells Fargo skeptics. "Wells reported what can only be described as a fantastic quarter with amazing growth, just superb and eye-opening. Wells had double digit everything. And their results tell me we're doing very well here in the United States."
"Also, Coca-Cola and Johnson & Johnson were picture perfect, " Cramer added. "Coke put its considerable marketing muscle behind emerging markets, where demand is keen and JNJ delivered 10% pharmaceutical growth, 12% if you back out the currency. That's just terrific."
Cramer said the only big company that's really disappointed this quarter was JPMorgan. But other than that, Cramer feels strongly that investor takeaway from earnings season, at least so far, should be nothing short of bullish.
Read more from Mad Money with Jim Cramer
This missing component worries Cramer
Cramer: What do pros fear?
Cramer and 'Shark Tank' pro make picks
"The only stinker so far was JPMorgan, and I reiterate that was the only company that truly delivered subpar top and bottom line numbers. Otherwise results were good to impressive. I don't understand why so many investors aren't recognizing the flood of positives."
Call Cramer: 1-800-743-CNBC
Questions for Cramer? email@example.com
Questions, comments, suggestions for the "Mad Money" website? firstname.lastname@example.org