Everything Jim Cramer said on 'Mad Money,' including record highs, trade talks, Wayfair's bad stock
CNBC's Jim Cramer says the same uncertainties surrounding impeachment, a potential recession, inflation and tariffs have carried Wall Street to new record highs. The "Mad Money" host reveals why he remains skeptical about China's commitment to striking a trade deal with the U.S. Later in the show he breaks down why Wayfair's stock is toxic and sits down with Max Smith, the CEO of electric scooter company OjO Electric that's looking to disrupt the food delivery economy.
Uncertainties surrounding an impeachment inquiry into President Donald Trump, recession signals in the bond market, inflation and tariffs have contributed to a volatile trading environment, he said."These obstacles are exactly what makes a bull market thrive," the host said. "They cause investors to go negative and then, as the averages rally, these same people come back in at higher levels, sending us still higher."Visitors pass in front of the Huawei's stand on the first day of the Mobile World Congress in Barcelonaon on February 27, 2017 in Barcelona.Cramer raised concerns that Chinese trade negotiators would try to demand more concessions from the U.S.
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