Cramer: 'I understand why people are buying stocks' after watching Trump's State of the Union

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'There is tremendous wealth being created and what it's doing is making people, I think, not wanting to sell stocks,' CNBC's Jim Cramer said.

Trump is making a "strong case that there's a lot of money in the market, the "Cramer compared the impact of the economic story Trump is telling to that of "a major research house on Wall Street."

"He makes it so you want to buy stocks," Cramer said, arguing Trump's speech was the equivalent of an analyst issuing a "strong buy" call. Democrats, on the other hand, are arguing the economy under Trump hasn't helped enough people, Cramer said. "The Democrats are saying that wealth has not so-called trickled down. It's not helping for people in transportation costs, student loans, prescription drugs," Cramer said. "It's almost like we're dealing with two different countries."More than 80% of stocks owned by American households

 

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Sign of a top?🙃

After all your years of giving advice you didn’t understand until last night?

'the outcome'

If people are stupid enough to re-elect this guy then honestly I got no words. We have an entered an age of pure stupidity in this country financed by unsustainable deficits created by tax cuts for the 1% and massive central bank idiocy.

Just he sold students on Trump U.

The Kanamit is slurping all of Trumps lies. Getting hungry Jim?

Apparently they are too ignorant to recognize a habitual liar when they hear one. What ever happened to stock symbol DJT? EXACTLY!

Stock market goes up - national DEBT goes up. The wealthy are getting richer while our country is being bankrupted. It's a Ponzi scheme, and it's going to come crumbling down at some point in the not-too-distant future.

Cramer said to sell short Tesla the day before earnings where it went up over 100 points. CBS Marketwatch has pointed out Cramer's less than stellar advice.

🤣

The Fed is dumping billions into the repo market every night, probably three or four TARPs worth since last September ... why wouldn’t people be buying stock in that climate? The market was pretty rosy in 1929 too, until October.

jimcramer, you do? So Trump pulls some numbers out of his ass and instead of saying it’s a lie you jump on it to create a bubble based on lies? Hoping that you’ll be out before this house of cards collapses? Nice job.

We are going there, way higher, once again.

The people don't need someone like Jim Cramer to dictate their lives.

i didn’t watch but still not buying

Because the MM’s are manipulating after the shitty speech giving a false hope to all of the suckers buying high.

What I don’t understand is why anyone listens to Cramer.

Best SOTU to date. Can’t wait to see what Trump does over the next 5 years.

It's a big reason why Obama was so bad for the country. Among other things he despised business, increased regulation and didn't understand basic economics.

What a donkey.😂

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