Cramer said there does seem to be momentum toward a potential deal. "The fact that there are still talks at this late date is very positive. Why waste your time? Why would the secretary waste his time talking to the speaker, and vice versa? So I think there might be a little momentum here." The "Mad Money acknowledged, though, that Senate Republicans could still be an issue.
The last major relief package, the CARES Act, was signed into law in late March and expired at the end of July. The president did extend some additional relief through executive actions. The CARES Act's provision that barred airlines from reducing head-count expired at the end of September. The U.S. carriers have said they will follow through on tens of thousands of furloughs, which could be reversed if they receive more aid. Pelosi did give indications last week that Congress could be open to giving the airlines more help, going so far as to
cramer should be in jail.
what nonsense, it is going to crash hard. Cramer is just pumping it for no reason
I haven’t been watching CNBC much lately but is anyone bringing to light the fact that this market is completely contingent upon government stimulus?
MNUCHIN POWELL 2020
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Crazy Cramer
This is damn ridiculous system, Throw more money which will not reach the right people. These people will make sure capitalism will fail.
One thing I've learned is that hope is not an investment strategy. It's good to have hope, but can't buy a new car with hope.
Hope for vaccine, Hope for stimulus, Hope for Trump's health, and ever entertaining Hope for China trade deal, are clown jimcramer investing strategy, btw after every big sell off, he will always say he has been cautious 😂
Tell that to Crazy Nancy! Lol
“Hope”
When does this guy not pump stocks
at a point of no return on stimulus. have to get it done
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Source: CNBC - 🏆 12. / 72 Read more »