CNBC host Jim Cramer issued a stark warning to President Donald Trump on Tuesday, cautioning that sinking stock prices are a clear signal of economic distress—and that ignoring them could lead to even greater financial turmoil. The Dow Jones Industrial Average plunged over 1,000 points on Monday, closing 890 points lower amid growing fears of a potential recession. The market took another hit on Tuesday, shedding nearly 500 points as trade tensions continued to rattle investors. The selloff followed a weekend in which Trump refused to rule out the possibility of an economic downturn, further fueling uncertainty on Wall Street. Cramer, the outspoken host of Mad Money, did not hold back in his criticism of the president, accusing him of “manufacturing” a recession and warning that the U.S. stock market is getting “crushed” by foreign exchanges. On Tuesday night’s broadcast, Cramer made an urgent appeal for Trump to heed the market’s warning signs: “This weekend, the president said he’s not focused on the stock market. Maybe if you’re in power and not up for reelection, you can ignore it. But there’s just one problem: The stock market serves a dual role. Yes, it makes rich people richer when it’s going up. But when it goes down, it’s a signal—things aren’t well in the economy, business is getting tougher, and layoffs could be on the table.” While Cramer reiterated his general support for Trump’s trade stance, he criticized the president’s combative approach, urging him to take a more measured strategy. “Right now, the market is trying to tell President Trump that he shouldn’t be so rancorous and angry. Just try to get the job done sotto voce—fly lower, please.” (YWN World Headquarters – NYC)
12
Mar
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