Jim Cramer, the former coverage fund manager and current presenter of Mad Money, said that Donald Trump’s comments and measures should be taken seriously.
Jim Cramerthe former coverage fund man and current presenter of Mad Money, said that the people of Wall Street I should start taking the president of the United States more seriously“otherwise they will continue losing money … you don’t need to like them, but I beg you to listen to your words“The specialist said.
For Cramer, nothing that Trump does is “useless.” He remembered regarding 25% of tariffs implemented for imports from Mexico and Canada, which, in this way, achieved that Mexico will send more troops to the border to prevent drug trafficking after a talk with President Claudia Sheinbaum.
The same considers with taxes for Chinese goods, which is a negotiation tactic. On the other hand, he said that the efforts of Trump for creating a sovereign background of wealth.
In addition, Cramer said that, although many opposed the president’s cabinet elections, The Senate Republicans finally “yielded” before their wishes.
“It must be recognized that Congress will not stop it and, except for some explicitly unconstitutional executive orders, the courts will not stop it,” the expert concluded.
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Who Jim Cramer
Jim Cramer He is an investor, financial analyst and American television presenter, known mainly for being the presenter of “Mad Money”, a popular financial analysis program of the CNBC chain.
Before being a media personality, Jim Cramer founded and directed a coverage fund called Cramer Berkowitz, which was successful in his early years. His experience in fund management allowed him to acquire deep knowledge about financial markets.
Jim Cramer is a polarizing figure. Many admire him for his knowledge and direct style, but he has also been criticized for his sometimes excessively optimistic or euphoric approach at certain timeswhich has caused some of their recommendations not to always result in profits. Despite criticism, it remains one of the most recognized voices in the financial world of the media.
Source: Ambito
