CNBC
Published: Thursday, 30 Jun 2011 | 6:52 PM ET
By: Drew Sandholm
The U.S. stock market is not the same as the U.S. economy, Cramer said Thursday. Yet many investors conflate what's happening with the economy with what's happening to stock prices.
"It's this misconception that's kept you out of every single point of upside since the generational bottom back in March of 2009, and it's always worth debunking, especially after this week's spectacular move higher," Cramer said.
To illustrate his point, Cramer noted that most big cap companies, especially those that are performing well, get up to just 40 percent of their sales from the U.S. Meanwhile, central banks in many emerging markets are talking about pending victories over inflation, meaning they could soon stop tightening. As tightening in emerging markets comes to a close, Cramer thinks the industrials stand to benefit.
Full story:
http://www.cnbc.com/id/43586067
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