Publish date:

Jim Cramer's Stop Trading! World's Worst

Cramer laments and opaque Fed and too much regulation in the U.S.

U.S. markets are performing poorly relative to their overseas rivals partly because of overregulation, partly because of the


, Jim Cramer said on


TST Recommends

"Stop Trading!" segment Thursday.

"We're so clearly the worst of the world today," Cramer said, pointing to the triple-digit selloff in the


and 2.2% slide in the



"You gotta love the French and Germans. They're socialists and they're killing us," Cramer said. "They don't have central banks that are opaque and difficult to understand." Cramer said scandals like Enron and WorldCom have left European regulation "looser than in our country."

Cramer noted that inventory concerns led to big selloffs Thursday in




(MRVL) - Get Report

. Asked if they'd rebound, Cramer said, "You have to wait for the fever that is gold and copper to break. Every dollar out of Broadcom and Marvell is going to

Phelps Dodge

(PD) - Get Report





Cramer said



might be a good "contra play" heading into its analysts' meeting Thursday. "They're at a 52-week low. I think they talk a good game."

At the time of publication, Cramer had no positions in the stocks mentioned.

Jim Cramer is a director and co-founder of He contributes daily market commentary for's sites and serves as an adviser to the company's CEO. Outside contributing columnists for and, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click

here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click

here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click

here to get his second book, "You Got Screwed!" and click

here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here. has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from