Jim Cramer blames bears, media for the public's lack of interest in stocks

The stock market has had an incredible run this year with S&P 500 rallying more than 26% thus far.

However, two-thirds of Americans don’t feel the benefits of the Wall Street rally and only 14% of families own stocks, according to a Financial Times-Peter G Peterson Foundation poll.

CNBC’s Jim Cramer said excessive negative sentiments about the stock market being spewed out in the media is leaving too many potential investors on the sidelines.

“Don’t let the armageddonists and the negativists and the hucksters scare you away from owning stocks,” the “Mad Money” host said. “There are vast sums of money to be made here, and far too many people are missing out because they’ve been frightened away from the whole asset class.”

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