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Jim Cramer's 'Mad Money' Recap: Growth and Donald Trump Have Changed Everything

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The things that sent the markets lower don't matter now, Jim Cramer told his Mad Money viewers Monday. That's because real economic growth breeds a real shift in what stocks investors are clamoring for.

It wasn't that long ago that the stock market hung on every word from the Federal Reserve, as it feared even the hint of an interest rate hike. But after a string of strong non-farm payroll reports signaling a strong footing, and the election of Donald Trump, signaling more growth ahead, the markets now view higher rates as simply a cost of doing business.

What about the strong dollar? With the euro at 20-month lows, out international stocks should be getting crushed, as they were this time last year. But here, too, the market now assumes growth will overcome those hurdles. Even a surge in the bond market has not been enough to stifle the investors' newfound interest in stocks. There are buyer everywhere, Cramer said.

Growth is not a magic elixir that fixes everything that ails us, Cramer continued, but it could just be that what's good for the American people may also now be good for stocks. And that's great news for the industrials, financials and growth companies.

Executive Decision: Greg Hayes

In a special "Executive Decision" segment, Cramer went on location with Greg Hayes, chairman and CEO of United Technologies (UTX) , at the company's Pratt & Whitney jet engine assembly facility in Middletown, Conn.

Hayes said the Airbus A320 geared turbine engines currently being produced in Middletown are a full 16% more efficient than the previous generation. They not only save fuel, they reduce emissions and are an astounding 75% quieter. So far, he...


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