Jim Cramer Weighs In on the Markets, and the Coronavirus

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Jim Cramer has some thoughts on the markets on Monday morning.

Stocks rose solidly Monday as data showed reported cases of the coronavirus slowed across the globe over the weekend.

In New York, the epicenter of the outbreak in the United States, deaths fell for the first time in days and many hard-hit European countries also saw their tallies decrease.

What's on Cramer's Mind?

Cramer weighed in on a 30-year safe and sound bond in his Real Money column Monday morning.

"The failure of imagination when it comes to fighting Covid-19 boggles the mind. There are so many good ideas kicking around that they at least deserve a solid hearing. For example, what does it take for the administration to realize that tens of millions of Americans want to defeat Covid-19, but feel like there is no chance to do so," wrote Cramer.

"We faced a similar issue when this country decided it was going to defeat polio. A private organization, the March of Dimes, asked that the nation give dimes for research. The gambit worked, millions of people mailed in dimes and Jonas Salk, a rogue scientist, created a vaccine with the money the March of Dimes gave him. He did his work out of the University of Pittsburgh and he was using a dead, not live, virus to create a vaccine. It wouldn't have happened without the March of Dimes," he continued.

Read the full column here

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