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CNBC’s Jim Cramer: ‘It Really Doesn’t Matter’ If The President Lies To Investors
On Monday morning, CNBC's Joe Kernen chatted with the network's Jim Cramer about the overnight U-turn in US equity futures.
The rather stark reversal came courtesy of Donald Trump, who falsely claimed that the Chinese phoned Bob Lighthizer on Sunday evening.
“China called last night our top trade people and said ‘let’s get back to the table'”, the US president told reporters in France.
Watch the clip
Subsequently, Global Times editor Hu Xijin suggested Trump was fabricating the call
H you are the man. I really can’t find the appropriate words in english to describe these two parasites, especially Kernen. Normally the voice is off whenever i happen to watch them, i usually follow CNBC Europe the hosts are fantastic and engaging, or Bloomberg of course but even them have gone full millennial mode, so nothing for me except the terminal (not Bloomberg) usually. Back to those two though, they are supposed to be journalists, i am sure they don’t know what their job is there. Kernan thinks he is the spokeperson of the GOP and Cramer thinks he moves markets. Bunch of deluded assholes.
get BBG TV. it’s great
Maybe Cramer is prepping for his next gig. I would imagine his audience is dwindling along with retail trade volume in the market.
That is why trading this market should be an unactionable process unless you are a machine programed without emotion….Cramer …well we should let the reader here figure out where he fits in !! When this market corrects (20% +) it will be a total surprise not because of the correction itself but because of the stealth with which the move occurred
… or options, like most sane professionals
Did it never occur to tv fans that Cramer IS Heisenberg sans hat / shades?
MAGA (with kindergarten intelligence)
Actually, in goose-stepping the propaganda vis-a-vis the Orangehole inside-trading tweet filth and perfidy – I believe that they were just parroting the official mandatory RNC/GOPer credo:
“We accept him one of us! Gooble gobble! We accept him, we accept him! Gooble gobble, gooble gobble! One of us! On of us! Gooble gobble, gooble gobble!”
And, hate me for ad hominem be damned!- huckster goofball Cramer and bloated epicene wig-wearer gimp Kernan would fit right in with that circus…
The main take-away at this point, is to ponder if you’d want trump driving on a highway, in front of you or tailgating you, i.e., when people stop obeying rules and being above the law in their drunk recklessness, isn’t the increased risk a reason to stay off the highway, or to have him tossed in jail? It looks to me that trump is not only gaming the global markets, but seeing how much he can fine-tune that process, to tweet and manipulate markets, slamming on the brakes, then accelerating in a random drunken pattern, swerving like a chaotic drugged up drunken killer, who is out of control!
I guess it’s obvious to everyone but Mitch. Come on Mitch , sober up. We need you.
Why would investors care if the President lied?!
You money managers have been lying and manipulating the investors forever!
Remember that the revolving cast of characters in this White House reality show has consisted of Goldman bankers, hedge fund managers, oil market executives, war-mongers, special interest leaders, etc.
99.9999% of us are being lied from the top down. This is a planned heist.
Cramer looks like he was just caught by his mom spying on his older sister drying off after a shower.