The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
Secretary of Education Betsy DeVos and her family have seen their investments skyrocket since President Donald Trump started enacting pro-business policies. Meanwhile, DeVos...Politicsread more
The construction industry is heavily dependent on Hispanic and Latino workers, a workforce that diminished during the last housing crisis and has not come close to full...Real Estateread more
A group of gold miners stocks, "BAANG," are better plays than mega-cap FAANG names, according to John Roque, technical analyst at Wolfe Research.Marketsread more
T-Mobile is choosing to move ahead with a merger with Sprint even though it will prop up Dish Network as a new, possibly disruptive fourth U.S. wireless competitor.Technologyread more
Danger is lurking in the stock market: An abrupt sell-off could be around the corner if the Federal Reserve doesn't deliver the rate cut the market expects next week, the firm...Marketsread more
Shares of Beyond Meat jumped nearly 10% Monday, nearing its all-time high, on investor optimism ahead of its earnings.Food & Beverageread more
Carl Icahn thinks Occidental Petroleum's CEO got played by the Oracle of Omaha himself in the company's effort to buy Anadarko Petroleum.Investingread more
The U.S. Food and Drug Administration has approved the first generic copies of a popular, pricey pill for nerve pain. The agency on Monday said it approved nine generic...Biotech and Pharmaceuticalsread more
Starbucks is licensing its mobile and loyalty program technology in a deal that will give global franchisees the chance to offer the Starbucks mobile app to customers.Restaurantsread more
Perhaps it already is: U.S. tech giant Apple recently warned that its fiscal first-quarter results would miss expectations due to weaker-than-anticipated iPhone sales in China. Then, earlier on Friday, Goldman Sachs downgraded the stock of Starbucks, citing "a number of points of caution" in the Chinese market.
"We know that the Chinese consumer's beginning to take sides," Cramer said on "Mad Money." "That's not good news for any American companies that do business over there, even if many of their stocks seem to reflect that we might be getting some progress in the trade talks."
Cramer was referring to shares of apparel companies like Nike, Lululemon and Tapestry, all of which do business in China but have not seen their sales slow in a material way. Stocks of industrials with ties to the People's Republic, like Boeing and Deere, an agricultural play that should be suffering from tariffs on U.S. crops, are also holding firm.
"I wonder if the action in Deere is signaling that maybe we'll get some progress in these Chinese trade talks, or, at the very least, they'll make a bunch of ag[ricultural] purchases as a show of good faith," the "Mad Money" host wondered.
But the best ways to gauge trade talk progress in Cramer's book are what he called "the three As": American Express, Apple and aerospace.
If American Express is able to get a license to operate in China, that will signal that China is ready to embrace the U.S. financial sector, Cramer explained. If the Chinese government "starts making nice" with Apple, that would also be "very positive," he said, much better than the news of iPhone price slashes in China that made waves Friday.
"But the most important show of good faith would be for China Airlines to place a gigantic order of planes with Boeing, an order that would reverberate throughout the entire aerospace complex, including Honeywell, United Technologies, and GE, ... which is finally starting to [trade] like an aerospace and industrial stock again, " Cramer said.
For now, though, the "winners and losers in China" are starting to emerge, and there's no denying that "the Chinese economy's gotten pretty tricky here, especially for American companies," he said.
"Frankly, China's become unfathomable at the moment. We have no idea [what] their government's doing, what it's thinking," Cramer said. "Maybe it's darkest before the dawn, but I'd argue it's ill-advised to predict the dawn until we're further along into the night."
Stocks sank in Friday's trading session as worries about an economic slowdown in China took hold. For a timeline of the trade war and tariff exchanges between U.S. and Chinese trade authorities, click here.
Disclosure: Cramer's charitable trust owns shares of Apple, Goldman Sachs and Honeywell.