Jim Cramer's 'Mad Money' Recap: Step Aside, Washington
NEW YORK (TheStreet) -- We need to celebrate American business more, Jim Cramer told his "Mad Money" viewers Wednesday. Cramer said today we saw just what the market can do when Washington gets out of the way.
There was positive news all over the market, Cramer noted, including positive drug trial data for Regeneron
The love continued for stocks like Bank of America
Pioneer Natural Resources
These are just a few of the many stocks worth celebrating, Cramer concluded, as they showcase what stocks are all about... when they're not about Washington, that is.
Executive Decision: Beth Mooney
In the "Executive Decision" segment, Cramer spoke with Beth Mooney, chairman, president and CEO of KeyCorp
Mooney painted a positive picture of KeyCorp and its business, saying that the bank was able to increase loan yields, reduce interest liabilities and manage its liquidity better, all of which helped its bottom line. "We're not seeing a slowdown," she continued, noting that KeyCorp has been able to take market share from its competitors, as evidenced by an 11% increase in commercial loan growth.