'One of the greatest wealth transfers in history': Stocks have rebounded because the pandemic is sparing big companies, Jim Cramer says
an economic slowdown, historic unemployment, mass protests, and more than 100,000 coronavirus-linked deaths to regain most of the ground it lost earlier this year.
Its swift recovery reflects the fact that the largest public companies — which drive the indexes — are emerging from the pandemic in strong shape, CNBC "Mad Money" host Jim Cramer said"The market doesn't represent the economy, it represents the future of big business," he said. "This is the first recession where big business … is coming through virtually unscathed, if not going for the gold.
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