'Without more stimulus, I think you should just buy the big chains that can survive the lockdown and a slow reopening of the economy,' the 'Mad Money' host said.
Investors shrugged off more negative economic data on the jobs front. The Labor Department revealed that roughly. Total claims are nearing 36.5 million in the past two months, reflecting the wide-reaching effect of state-mandated business closures to slow the spread of Covid-19, the disease caused by a rapidly-spreading coronavirus.
States have begun efforts to slowly reopen their economies since the pandemic is believed to have passed its worst phase. Lawmakers in Washington are mulling whether to pass another spending measure to support the economy. Democrats, leaning on gloomy comments from Federal Reserve Chairman Jerome Powell on Wednesday, are"The problem with this situation is that it's a rigged survival of the fittest," Cramer said. "If the government forces your enterprise to shut down, it should compensate you for the business you're losing.
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