'The fundamentals are what matters and, sadly, we have not turned the page on this economy – just the calendar,' he said.
CNBC’s Jim Cramer on Tuesday reminded investors that the new year didn’t bring about a new economy.
Recession-proof stocks such as health care and consumer packaged goods are working, he said. Stocks of companies that have significant business in China are also performing well since the country is poised to continue reopening its economy, he added.
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