Trump's antitrust regulators might not be overly pro business, Jim Cramer suggests

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

News Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

CNBC’s Jim Cramer on Wednesday told investors why Donald Trump’s administration might not be as friendly to big business as many on Wall Street…

Despite Wall Street's widespread belief that Trump's administration will be friendly to big business, CNBC's Jim Cramer pointed out that his second-in-command JD Vance is critical of some large companies accused of wielding illegal monopoly power.

"Now, at the end of the day, politicians are politicians—they can turn on a dime if it suits the current moment," Cramer said."But Vance's hard line about Google's supposed left-wing bias, you know, that might strike a chord with President-elect Trump, who didn't exactly get a lot of support from big tech."on Wednesday suggested to investors that Donald Trump's administration may not be as friendly to big business as many on Wall Street believe.

"That's why I say don't dwell too much about the FTC or Justice when you make your investing decisions," he said."Just don't be surprised if the Trump antitrust regulators are a little more like Kantor or Khan than you could ever have imagined."for the CNBC Investing Club to follow Jim Cramer's every move in the market.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 288. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Jim Cramer ascribes market rally to Trump's victory and pro-big business policiesCNBC’s Jim Cramer reviewed Wednesday’s market action.
Herkunft: NBCPhiladelphia - 🏆 569. / 51 Weiterlesen »

Jim Cramer lists 10 stocks that could do well under Harris or TrumpCNBC’s Jim Cramer on Election Day identified stocks that could perform well with either presidential candidate in the White House.
Herkunft: nbcchicago - 🏆 545. / 51 Weiterlesen »

Jim Cramer explains why it's not clear which stocks will rally under Harris or TrumpCNBC’s Jim Cramer explained that few sectors are currently obvious winners or losers under either candidate’s administration.
Herkunft: nbcsandiego - 🏆 524. / 51 Weiterlesen »

Jim Cramer's top 10 things to watch in the stock market Wednesday: Trump victory editionWall Street surged Wednesday after Donald Trump defeats Kamala Harris in the presidential race.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Jim Cramer says the market for mergers and acquisitions will be back under TrumpCNBC’s Jim Cramer on Wednesday told investors the Trump administration is more likely to allow mergers and acquisitions to go through.
Herkunft: NBCPhiladelphia - 🏆 569. / 51 Weiterlesen »

Jim Cramer's top 10 things to watch in the stock market WednesdayThe S&P 500 was heading for a lower open Wednesday after back-to-back losses.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »