Cramer: I'm more comfortable buying stocks after Trump recognized need for coronavirus stimulus

  • 📰 CNBC
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Business Business Headlines News

'One of the things that really made things better today is this was a recognition that things have to be done. That was very reassuring,' CNBC's Jim Cramer said Tuesday.

with Senate and House Republicans to discuss "a possible payroll tax cut" and other "substantial relief" as coronavirus cases in the U.S. topped 760 with 27 deaths. Monday evening, the president floated those options to mitigate economic damage from the virus' spread.he's looking at ways to help hourly employees who could miss paychecks if they're unable to go to work.

"One of the things that really made things better today is this was a recognition that things have to be done. That was very reassuring," Cramer said. "They're putting things in place. They're going to stagger them just in case things are bad and get worse. I don't know. It's something," the "Mad Money" host added.came as U.S. stock futures were indicating a strong bounce from the worst decline on Wall Street since the 2008 financial crisis.shot up more than 800 points or 3.5% after Tuesday's open, making back a sizable chunk of Monday's over 2,000-point, or nearly 7.8%, plunge.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ehhhhhhhh...... no.

LOLOLOL

Reversal day coming and we finish in the green today!!! It won’t be easy but huge short squeeze coming.

Cramer's an idiot. When he appears I switch to Bloomberg.

Remain calm and keep smiling.

STUPID

How will this help spur demand for anything? People are too scared to go on a cruise or travel anywhere or go out to eat. I guess they can shop online but will that be enough?

Until tomorrow when he forgets it or says he never said it. Constant BS.

Do rich people ever suffer?

You continue to prove how worthless your opinions are. Here we have the Orange TURD-IN-CHIEF blurting out some BS and you're now convinced to buy. Time for you to retire, like Lehman Brothers! Go eat some humans, you Kanamit, starting with the administration, fool.

But Trump doesn’t know what to do about it?

so far all he has done is talk....

lol good luck.

Cramer, you’re also attached to realDonaldTrump’s a$$.....so there’s that

Sure people with another 25-50/week in their pocket will now risk their lives for a burrito. that makes sense.

I just want all the anti trumpers to sell.

Lookout below!

MiguelICarlos What about $zil and $btc

I will be more comfortable buying stock after trump realizes he needs to take all it needs to contain coronavirus.

Sell of end of day. Market doesn’t feel comfortable holding overnight. Not all shoes have dropped.

Why do we need to do things ? It is a hoax , no ?

bwahahahha jimcramer !!! realDonaldTrump is coming for you and your manipulative practices!!! better buckle up!!! the next one is going to be a real doozy!!! 🤣

Thanks Cramer. As they started buying, I’ve been selling. Thanks again for pushing up prices. Btw, the whole Coronavirus thing has just started in US. Same with Europe. But, Cramer is doing well keep pushing up market for us. Thanks 🙏

Also Kramer: “I don’t know. It’s something.”

When you keep stimulating more and more and more, then you overdose one day and die! This applies to humans on heroin, as well as markets on stimulus!

Recognized the need to keep making the rich even richer you mean. Disgusting human bring.

Excellent news. The tax relief that Trump talked about will help the American people AND the Economy.

Bad take jimcramer . The virus doesn't care about payroll tax cuts. He's infinitely more focused on pumping the markets, which he doesn't even know how to do well, than actually tackling the virus, which ironically is exactly what would lift the country and the market back up.

You had to jinx it jim

😷🤒🎈💣💥

Dead cat bounce

jimcramer you would recommend stocks if a meteor was gonna hit earth and take us all out. Just in case a few of us survive there is a bull market somewhere

Anytime I hear Jim anymore.

Sounds like the Enron Ponzi Scheme all over again.

Get ready for another HALT ...

DO THE OPPOSITE OF WHAT HE SAYS

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cramer: Monday's stock market close could usher in the end of the longest bull market ever'I think that that's certainly a realistic thing,' CNBC's Jim Cramer said. Red Queens worshipping Lucifer plotting genocide More irresponsible posting by Chrome Dome Cramer.
Source: CNBC - 🏆 12. / 72 Read more »