Cramer
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in BUSINESSCramer says Trump can’t raise tariffs on China with 30 million unemployed: ‘That is 1932’
CNBC’s Jim Cramer warned Monday that the U.S. economy may be too weak right now to handle another trade fight with China and discouraged the Trump administration from imposing a new wave of tariffs against Beijing. Cramer also drew a comparison to the Great Depression, saying that to hike tariffs against China now would be […] More
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in BUSINESS
Jim Cramer says Buffett’s sale of airline stocks makes him ‘very concerned about the near term’
CNBC’s Jim Cramer said Monday that legendary investor Warren Buffett gave “no hope near term” in his annual shareholders meeting on Saturday with his sale of airline stocks. “Buffett’s overview on airlines really does make me very concerned about the near term,” Cramer said on “Squawk on the Street.” The billionaire investor said Saturday that […] More
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in BUSINESS
Cramer on promising coronavirus trial of Gilead antiviral remdesivir
CNBC’s Jim Cramer said Wednesday that positive news from Gilead Sciences about a potential treatment for the coronavirus marked a turning point in the fight against Covid-19. “What I regard this as is the beginning of the end of the true nightmare, which is that it’s a death sentence,” Cramer said on “Squawk Box.” U.S. stocks soared on […] More
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in BUSINESS
Jim Cramer says his most trusted market indicator ‘makes me concerned’
Stocks on Wall Street have reached levels that are “too hot” for Jim Cramer‘s liking. After the market completed its best month of trading in more than three decades, the host of CNBC’s “Mad Money” said he is worried about its near-term trajectory. “We’re now at plus 7.2% on the S&P short-range oscillator. That’s the […] More
