Cramer says 'frozen' conditions are holding many stocks back. Here's what could change that

CNBC's Jim Cramer said Wednesday that investors shouldn't jump ship despite signs of slowing activity across key parts of the economy. Cramer's comments come as high interest rates, geopolitical uncertainty and political opposition weigh on stocks across industries. The U.S. housing market remains mired in a multiyear period of sluggishness, IPO and M&A activity has slowed , and even the booming data-center buildout is facing new obstacles — leaving fewer catalysts to drive crucial parts of the market higher. "Market after market is getting frozen right now and that's killing stocks," the " Mad Money " host said. Housing is perhaps the clearest example. The 30-year mortgage rate has climbed to roughly 7.