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NEW YORK ( TheStreet) -- Don't fight the Federal Reserve.
That was Jim Cramer's lesson for his "Mad Money" TV show viewers Monday. He told investors that sometimes the macroeconomic picture matters more than the results of individual stocks.Cramer said today's market's rally was a classic lesson in the tug-of-war between the microeconomic "realists," who analyze the results of individual companies, versus the macroeconomic "impressionists," who look at the world in a more abstract manner. Sometimes the realists are in charge, noted Cramer, but other times, like today, the abstract data such as industrial gains in China or a positive manufacturing number here at home are all that's needed for a healthy rally. That's why Cramer said he learned a long time ago to never fight the Fed. If the central bank is working hard to spur manufacturing or strengthen the banks, eventually it will succeed, and the last place an investor wants to be is on the wrong side of that trade. The banks, oils, copper, aluminum and materials stocks are all on the Fed's radar, said Cramer, and those are the stocks that were lifted most by Monday's macro news. There is no right or wrong when it comes to whether the micro or macro picture matters more over the long term, Cramer concluded, but at least for today the abstract macro picture was the one to which the markets paid more attention.