Lower interest rates and a replacement for NAFTA could be coming soon, Jim Cramer told his Mad Money viewers Tuesday, and that means the long-term picture for the stock market is looking up.

Cramer said the current outlook for the global economy looks bleak, as FedEx (FDX - Get Report) warned earlier Tuesday that tariffs and political uncertainty is beginning to take their toll. Shares responded by closing down 9.3%. But things could be looking up in the near future.

Wednesday, we hear from the Federal Reserve, which is likely to give us a quarter-point rate cut to undo the ill-advised rate hike from December. Additionally, it looks like Congress may be able to compromise on the new trade deal to replace NAFTA between the U.S., Canada and Mexico. Cramer said both of these events will bolster U.S. stocks and help offset the global weakness. That's why he wouldn't try and game the Fed's comments Wednesday, and says investors should take a longer-term view instead.

Cramer and the AAP team focus on what the markets are doing ahead of the Fed meeting. Find out what they're telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts Plus.

Special Interview: Nancy Pelosi 

In a special interview, Cramer sat down with House Speaker Nancy Pelosi (D-Calif.), to discuss politics, the election and the economy.

When asked about the current plans to replace NAFTA, Pelosi said she voted for the original NAFTA agreement, but has been disappointed by the lack of enforcement. She said any new agreement to replace NAFTA must include strong enforcement and must ensure that U.S. interests, including environmental concerns, are protected. She said she remains optimistic that a compromise can be reached.

Turning to the other trade issue -- China -- Pelosi noted that it wasn't long ago that the trade deficit with China topped $5 billion a year. Now, that figure is $5 billion a week. She said clearly something needed to be done and the status quo could not stand, but she felt that a multi-national approach could have protected America's farmers from retaliation.

When asked about healthcare, Pelosi said the goal is to provide healthcare for all Americans and the Affordable Care Act was the first step toward that goal. She added that after the elections, healthcare will again be on the table, as the program gets reformed and expanded to meet today's needs.

Turning the the topic of big tech and whether it should be subject to the scrutiny it receives, Pelosi said there are many concerns, including antitrust, privacy and the protection of children that all must be considered, but overall, she said, innovation is a key component of how our country needs to grow and evolve.

Finally, when asked about the environment in Washington at the moment, Pelosi said Congress and the White House need to come together to both legislate and protect American interests. She added that the public must also keep voicing their opinions and weigh in on important issues like gun violence. 

Off the Charts: Microsoft and Apple

In the "Off The Charts" segment, Cramer checked in with colleague Dan Fitzpatrick over the charts of Microsoft (MSFT - Get Report) and Apple (AAPL - Get Report) , two oversized components of the Dow Jones Industrial Average.

Using a daily chart of Microsoft, Fitzpatrick noted that while the chart has been drifting sideways and not showing any signs of life, under the hood, shares have seen their Bollinger bands fighting, signaling a big move is coming soon. With the MACD momentum indicator also near zero, Fitzpatrick felt the stock's next move will be higher.

Turning to Apple, Fitzpatrick noted another tight trading range, but Apple has already moved above its ceiling. The stock's 50-day moving average is trending higher on new highs are being made on strong volume.

Fitzpatrick felt both stocks were a buy, and Cramer reiterated his mantra on Apple, "own it, don't trade it."

On Real Money, Cramer notes that two troublesome IPOs were postponed, but he's also worried about oversupply. Get more of his insights with a free trial subscription to Real Money.

Executive Decision: Adobe Systems

For his "Executive Decision" segment, Cramer welcomed back Shantanu Narayen, chairman, president and CEO of Adobe Systems (ADBE - Get Report) , the cloud software provider for creative professionals that just posted another solid quarter with strong top- and bottom-line growth.

Narayen said Adobe continues to see strong growth across all of its businesses, from individual creative software all the way to enterprise advertising initiatives. The digital transformation continues and Adobe remains a leader.

When asked about education initiatives, Narayen said Adobe doesn't believe in STEM (Science, Technology, Engineering and Math), instead they believe in STEAM (STEM with the addition of the Arts), because a world without art and creativity is not a world you'd want to live in. That's why they continue to focus on education and helping students express themselves in all new ways.

Adobe is excited for their upcoming Adobe Max conference in November, where the company will introduce their latest offerings and update investors on their progress.

A Forgiving Market

In his "No-Huddle Offense" segment, Cramer said a good trader is like a good therapist, always judging the emotions of the markets. Today, the market's mood was forgiving.

That's how shares of Chipotle Mexican Grill (CMG - Get Report) were able to rally 3.2% Tuesday after plunging 6% last week after the company ran afoul of some labor laws in New York. That's how Cracker Barrel (CBRL - Get Report) rallied 1.8% and how Ulta Beauty (ULTA - Get Report) is clawing its way back from a hideous quarter in August. The markets are forgiving these companies, Cramer said, and that's why they all remain buys. 

Lightning Round 

In the Lightning Round, Cramer was bullish on Centene (CNC - Get Report) , Nvidia  (NVDA - Get Report) and Korn/Ferry International (KFY - Get Report) .

Cramer was bearish on Lannett (LCI - Get Report) and Fastly (FSLY) . 

Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you. Learn how to create tax-efficient income, avoid top mistakes, reduce risk and more. With our courses, you will have the tools and knowledge needed to achieve your financial goals. Learn more about TheStreet Courses on investing and personal finance here.

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here.

At the time of publication, Cramer's Action Alerts PLUS had a position in MSFT, AAPL, NVDA.