Cramer says a Biden presidency with a GOP Senate would be 'nirvana for the stock market'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

'I feel that there's closure coming, and that's part of the rally' on Wall Street since Tuesday's election, CNBC's Jim Cramer said.

Stocks were surging Thursday, building on Wednesday's post-election rally despite the absence of a winner in the presidential race. At present, Biden holds an advantage in the Electoral College, with 253 votes compared with Trump's 214. To win, 270 electoral votes are needed.

NBC News has not made an official call in the presidential race or on the balance of power in the U.S. Senate. However, should Biden win the White House while the Republicans maintain control of the Senate, Cramer said onthat the day-to-day machinations of Washington will be less of a focus for Wall Street.

"They are going to be so not a part of our existence. It's joyous. We'll look at earnings per share. We'll look at how our companies are doing. We won't have to worry," Cramer said. "It is ... nirvana for the stock market."

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 SG
 

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

Sounds like Cramer follows GregMannarino 😜

tlas_global As a mink from Denmark, I see other problems ahead.

Clown Strikes Again!

Not really a new observation except to new investors.

Lol Biden so fragile and weak. I bet we sell off if he is truly confirmed. 🤣

In that case, I expect 'Lake of Fire' to be playing in the background during Squawk on the Street tomorrow

Nirvana, low taxes and you can jump back in bed with China and screw the American worker! .

Smells like it

Why?

A state of wanting nothing or shotgun suicide? Be more clear!!!!

Nah...fake news, we’ll be fine

What about everyone else?

Yeah. So much better than 330 MILLION PEOPLE BENEFITTING FROM GOVERNMENT. TIME FOR CRAMER TO RETIRE, OR JOIN THE MONEY BIMBO ON FOX BUSINESS, NEVER TO BE SEEN AGAIN....

Cramer doesn’t know anything. Your network puts up a disclaimer after every show he gives commentary?

Well thats not happening sorry

Stock market doesn’t do shit for working people

You'll love this one jimmy_dore

jimcramer Cramer is using old SAT testing words ,,,,

Since when has that been a good or even desirable outcome from a societal point of view.

It's called Checks and Balances, something that most ppl today don't understand. AOC and her minions are examples of those who don't get it.

Markets like deflation now....right ok.

Because that's all Cramer cares about, money. The increase in killing babies, the increase in national debt on the backs of our children doesn't really matter to him it seams.

Smh

'We'll look at earnings per share' - better don't 🤣

Because all we care about is the stock market!

PURGATORY.....Won’t know about SENATE TILL RUN OFF OF JAN 2021.....good luck everybody!

Main Street needs nirvana not Wall Street.

correct, issue though is that such outcome seems far off from being at reach - if Senate eventually blue, markets will fall big

Mmmmm Just fishing for headlines to explain the unexplainable QQQ’s

Nirvana would be when you yourself disappear with the Kanamits and be eaten.

but the price of undermining our democracy with voter fraud will have long term consequences

Only if the GOP Senate has a backbone and without realDonaldTrump, the GOP rarely has a backbone.

Biden is good with the economy.

Like Ben Graham said, when stocks are at ATHs due to the idea of a stimulus, go balls deep if there is gridlock, social and political unrest

Don’t care about Jim Cramer

Looks like we get the strongest week in history for the Nasdaq.....the highest corona cases....the biggest spread between rich and poor.....the biggest spread between the americans.....what a world....the system is just fucked up

Whats that mean? nirvana?

Oh boy

yep, market loves that divided government, so that it can swing on emotions and the fight between Nancy Pelosi and Mitch McConnell can continue over the stimulus.

The Stock Market is Socialist.

Nirvana for Biden financial interests, for sure

The Democrats used mail-in ballots to steal the election. Joe Biden himself admitted in one of his speeches that he and Obama created the greatest voter fraud scheme in history.

is that good

Singapore Singapore Latest News, Singapore Singapore Headlines