Cramer says 'innovation and self-help' allow stocks to resist the pull of the bond market
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CNBC's Jim Cramer lamented Thursday's market action, saying Wall Street felt the effects of rising Treasury yields and Federal Reserve Chair Jerome Powell's comments that teased more rate hikes. To Cramer, stocks able to do well in these uncertain conditions have strong innovation and effective cost-saving measures.
"Innovation and self-help are what allows stocks to buck the…