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Cramer: Great Depression II Is Off the Table

Stock quotes in this article: FCX , CVX , WFC , GE  

This post appeared yesterday on RealMoney. Click here for a free trial, and enjoy incisive commentary all day, every day.

The drumbeat is picking up. Production decline is slowing down as we see a small rebound in rail traffic and an end to inventory builds. There is a nice housing starts number this morning, the strongest jump since 1990, which was forecasted by a small bump in the stocks of Lennar (LEN Quote), Toll Brothers (TOL Quote) and KB Homes (KBH Quote). Huge increase in multifamily units.

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