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NEW YORK ( TheStreet) -- If the markets can reach all-time highs with so many companies reporting miserable quarters, imagine what's possible if things actually improve. Those were Jim Cramer's thoughts on "Mad Money" Monday as he opined on the seemingly dazed and confused averages that have been ignoring a plethora of bad earnings. Cramer said just about all the major companies upon which investors have come to rely had bad things to say this quarter, including Apple ( AAPL), Exxon Mobil ( XOM), IBM ( IBM) and Amazon.com ( AMZN). With his charitable trust,
Executive Decision: Chuck BunchIn the "Executive Decision" segment, Cramer spoke with Chuck Bunch, chairman and CEO of PPG ( PPG), the chemical and coatings company that was able to beat the estimates when it reported earnings despite the fact it has a large business overseas. Shares of PPG are up 8.6% for the year. Bunch said the global markets are a mixed bag at the moment, with continued weakness in Europe but steady growth in China. He expects only stability in Europe throughout 2013 and doesn't foresee any growth in that region until 2014. On China he remains very optimistic as that country is forecasting 10% growth this year. Bunch was also optimistic on his company's acquisition of Akzo Nobel's North American operations, saying the merger gives PPG a number one position in Canada and is the perfect complement to his company's U.S. businesses. "There are a lot of synergies," said Bunch.
When asked about the company's plans for its cash flows, Bunch said PPG will continue its balanced approach towards its cash, which includes increasing its dividend and boosting its capital spending. Cramer said PPG is a stock that is "not up enough" given its huge leverage to the return of the Chinese economy.