Has the Market Lost Sight of Fundamentals? Here's What Jim Cramer Thinks

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Jim Cramer weighs in on the markets. 

Stocks were tumbling Thursday, giving up much of the previous session's gains, after coronavirus infections in the U.S. rose and California declared a medical state of emergency after the state's first death from the virus.

U.S. cases of the virus have risen to 162, according to Johns Hopkins CSSE. At least 11 people in the United States have died from Covid-19, the disease caused by the coronavirus. Most of the deaths were in Washington state, while the death of an elderly California woman took place just outside Sacramento.

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