CNBC’s Jim Cramer outlined three reasons that markets lost a short-lived rally on Thursday. If the economy were running colder, if the stock market was lower, and if interest rates were higher before sliding, things would be different, Cramer said. “Today we didn’t see that, though. We had the worst of three worlds.” 17 rose by 2,000 to 216,000, according to the Labor Department. That’s less than the Dow Jones consensus estimate of 220,000.Weak corporate earnings: CarMax shares fell about 3.7% after the company reported weaker-than-expected profit and revenue in its latest quarter. Micron Technology shares slipped 3.4% after the company reported a wider-than-expected quarterly loss and miss on revenue after the close on Wednesday. Bearish comments about the market: David Tepper, founder of Appaloosa Management, told CNBC on Thursday that he’s leaning short. on equities because it’s unusual for global central banks, including the Federal Reserve, the European Central Bank and Bank of England, to tighten at the same time. Stocks fell on Thursday as Wall Street continues to worry that the Fed’s interest rate hikes could tip the economy into a recession. Investors also fear that time is running out for a Santa Claus rally, a phenomenon in which stocks tend to rise near the end of a year into the next year. Cramer reminded investors that charts suggesting a market run could be in the works for after Thursday’s trading session. “While we could still get that seasonal bounce, obviously the market’s gotten tougher to game,” he said. Jim Cramer’s Guide to InvestingClick here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term wealth and invest smarter.