For those who are wondering why there is no growth in the market and low inflation, Jim Cramer says to just take one look at the business crushing environment. Experience is powerful, materialism isn't. Value reigns over all.
On one hand, there are the jobs that don't require a degree that are being crushed, and the businesses that started to replace them require one to be a genius.
"Welcome to 2016, where no one is ready for it and everyone is stuck in it," the "Mad Money" host said.
Consumers these days would be willing to pay up for Netflix, Costco and Amazon Prime memberships, but refuse to pay retail prices. They would rather use Uber than own a car, and if they do, they are willing to drive a few extra miles to Costco for cheaper gas. They bring their cellphone with them everywhere so they can price compare, but would spend money on make-up in places like Ulta so they are picture-ready at all times.