Cramer: The stock market 'would probably go up' if Trump were to remove Powell as Fed chief

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CNBC's Jim Cramer connects the dots by reasoning that if the president were to act he would pick a replacement for Powell that would do his bidding.

Cramer nodded at Quintanilla and responded to Faber by saying, "You have to think the other way, which is, 'Oh my, the president is saying 'why not' and he'll figure out a way.'""Let's see what he does."Trump's "let's see" remarks were made one day before the Fed concludes its two-day June policy meeting Wednesday afternoon.points to only about a 20% chance that it would happen this week.

The current target range for the fed funds overnight lending rate is 2.25% to 2.5% following four Fed rate increases last year.Get this delivered to your inbox, and more info about about our products and services.

 

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ADP JIM?

Este tipo es un pelotudo!

I guess these people must know everything

I do not know how Jim Cramer keeps his job at CNBC. He must have Brian Roberts pictures.

In the end is that not illegal self enrichment on the part of the President and his family and friends? Dictatorship!

Astounding to think monetary policy in the hands of that childish imbecile could be considered positive.

ARE YOU FCKERS NOT RICH ENOUGH? CAN WE TAKE CARE OF THE POOR PEOPLE WITHOUT STOCKS FOR A CHANGE?

This is right up there with 'your money is safe with Bear Stearns' from Jim

Except he can’t remove him idiot

The stock market would probably go up following any event.

The stock market would go up if Fuckface vonClownstick were ever carried out of the White House; either in handcuffs, a straitjacket, or a casket (from natural causes, Secret Service don't come knocking at my door).

Who cares what Mr. Nails on a chalk board has to say?

Go ahead Donald

he break through the bottom line and ruin Separation of powers.

Rather than add uncertainty to our entire monetary system why not just end the import taxes (a/k/a tariffs) which would actually absolutely energize the market and not just for a day

Let me correct that ... the stock market would go up if trump would remove HIMSELF as chief idiot!

You can’t remove a fed chairman. Lol

Wackjob

Where is John Stewart when we need him?

no

Jim Kramer it the worst person ever. Just is.

Cramer probably were a nice clown

As low as our credibility has become in the world. I think the opposite will happen.

If the economy is so great as Trump says, why do we need to lower interest rates?

What is this bonehead saying again

jimcramer And how long for it to crash after that?

do you really wan to remove the autonomy of the FED? dont think so if trump tries that i can tell you where the USD will be?

LMAO you permabulls are snake oil salesmen pure and simple constant nasdaq bullish charlatans

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