Why Jim Cramer Has Been Doing Some Buying for Action Alerts PLUS

Author:
Publish date:
Video Rating:
TV-G
Video Duration:
41

Stocks were lower in intraday trading on Monday. 

Bond prices, which have an inverse relationship with yields, have been falling on fears that improved vaccine rollouts and more fiscal stimulus will lead to higher inflation and that rising borrowing costs could lead to a stock market pullback, TheStreet's Joseph Woelfel noted. 

And we're expected to have the U.S. House of Representatives vote on President Joe Biden's proposed $1.9 trillion stimulus package by the end of this week. The bill does include $1,400 for most Americans--which was part of the Democrats campaign strategy to bring up the total stimulus checks to $2,000. The bill also has a hike in the minimum wage to $15 an hour, and a boost for supplemental unemployment benefits to $400 a week from $300 a week.

Recap TheStreet Live: Everything Jim Cramer Is Watching in the Markets Monday

Curious about what Jim Cramer and his team at Action Alerts PLUS are watching in the markets? Watch Cramer's exclusive members-only Daily Rundown show on Action Alerts PLUS following TheStreet Live.

You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here.