The latest bi-partisan stimulus bill has been halted by Mitch McConnell which spells doom for many small and medium-sized businesses. Jim Cramer sees this as confirmation that the big box outlets will be assured to dominate the marketplace.
Cramer says, "He [Mitch McConnell] is trying to block this thing and it's just huge for Amazon, Walmart, and Costco because 40% of small businesses are already failing or in the process. They are going to lay off a lot of people."
Without a stimulus bill, it's likely that the largest retail outlets will replace many small and medium-sized businesses as they have in the past. Cramer's list includes Amazon (AMZN) - Get Report, Walmart (WMT) - Get Report, Costco (COST) - Get Report, Target (TGT) - Get Report, and Home Depot (HD) - Get Report.
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