It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
It was the third trigger of the recession indicator in less than two weeks.Bondsread more
Overstock CEO Partick Byrne has resigned from the e-commerce company after making comments about his role in the "deep state."Technologyread more
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These are the stocks posting the largest moves midday.Market Insiderread more
U.S. manufacturer growth slowed to the lowest level in almost 10 years in August, the latest sign that the trade war may be exacerbating the economic slowdown.Marketsread more
L Brands shares fell by as much as 12% at one point, touching $17.61 — a price not seen since December 2009.Retailread more
"The president is not backing down," says CNBC's Jim Cramer, referring to Trump's repeated calls for the Fed to cut rates while talking tough on China.Economyread more
The market rebound this week hasn't convinced the strategist predicting a "Lehman-like" sell-off that the risk is completely off the table.Marketsread more
Philadelphia Fed President Patrick Harker said he doesn't see the case for additional stimulus after the Federal Reserve's July rate cut.The Fedread more
With the market moving heavily in recent weeks, Jim Cramer suspects that it was in consolidation mode on Friday. And the bad news is that stocks won't be able to rally until oil stops declining.
Next week, rather than have his eye on individual companies that report, he will be monitoring macro data.
"It is a critical week nonetheless because these big picture forces are playing havoc with our markets and making it a lot more treacherous to own individual stocks," the "Mad Money " host said.
Tuesday: U.S. retail sales, eurozone industrial production
Cramer refused to believe that anyone would be foolish enough to own a German 10-year bond.
"I'm telling you that this is one where if we get some strength, you are going to feel like a knucklehead owning German 10-year bunds, which yield almost nothing and may be the most overvalued pieces of paper in the world," he said.
Oilman Harold Hamm would be the last person on the planet Jim Cramer would turn to if he were to ask the opinion of the future of oil prices.
The chairman and CEO of Continental Resources told CNBC on Thursday that the price of oil was at a turning point. Hamm believes that it could be ready to launch to $69 or $72 all the way up from $49 a barrel.
"In the years since I have gotten to know this delightful, giving man, I have come to know him as the ultimate wrong-way prognosticator for oil," Cramer said about Hamm.
Another energy company that Cramer has been watching is Entergy, which is part of the red-hot utility group. With the Federal Reserve seemingly on hold, these steady companies have juicy dividend yields that seem much more attractive than a bond.
Entergy is the southern utility with a stock up more than 15 percent for the year. Its chairman and CEO shared why investors would migrate to a pure utility play like Entergy: "Effectively the utility business versus the merchant business are two different commercial operations. And the merchant business is subjected to a lot of volatility. Gas prices drive the marginal price and in all of the markets that we sit and gas is a very, very volatile commodity."
This week CNBC unveiled its Disruptor 50 list of innovative companies. At No. 18 was Phononic, which took on the task of reinventing the refrigerator.
Phononic uses solid state semiconductor technology to create a process called thermoelectric cooling. Essentially, it runs electric currents through materials to create a temperature differential, which makes one side hotter and other side cooler.
This technology allowed for Phononic to create a better refrigerator with no moving parts that will break down, no cooling liquid, almost no noise and it consumed approximately 25 percent less power than a traditional heat exchange refrigerator.
Cramer spoke with Phononic's founder and CEO Tony Atti, who explained that the company had to build the entire supply chain and contract assembly backside from scratch.
"We use the word displace versus replace, because we want to take the existing solution; scrap it and come up with something entirely different and better," Atti said.
When Ralph Lauren's new CEO Stefan Larsson presented his turnaround plan on Tuesday, the market didn't know what to make of it. That confusion led Jim Cramer to do his homework and find out if Larsson's new plan really has legs.
"The market's reaction was downright schizophrenic," Cramer said.
Initially Wall Street seemed to hate the plan, with the stock plunging $10 to $84 a share at the open. However by the close, the stock had rebounded back to $94.
The reality is that turnarounds take time. Cramer saw the same trajectory outlined with PVH, the parent company of Tommy Hilfiger and Calvin Klein, which took years to pull off.
Eventually, Cramer thinks Larsson will be able to deliver, though there could be short-term pain. Ultimately he thinks this one will make it.
"Why? Because in the end, the brand is iconic as ever, it was just too ubiquitous and too dated. Larsson is ending that, so call me a believer," Cramer said.
In the Lightning Round, Cramer gave his take on a few caller favorite stocks:
8x8, Inc: "Voice over internet protocol. A lot of people think there is going to be a takeover. I think it's time to ka-ching, ka-ching. I'd take a little off the table."
Seres Therapeutics Inc: "I think that one is a buy, buy, buy."