• SuperCub@sh.itjust.works
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    1 day ago

    Cramer is a mouthpiece for the investor class, which is probably like the top 5%. He’ll say anything a CEO wants him to say and basically supports massive deregulation. While the billionaire class isn’t really concerned, the millionaires don’t like this.

    • WuceBrillis@lemm.ee
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      23 hours ago

      So what you’re saying is that him speaking up about Trump is a clear sign that his bosses wants him to?

      • HobbitFoot @thelemmy.club
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        17 hours ago

        A lot of investors are coming out of the woodwork, either with timid public comments or via reporters. Kramer is likely being used as a mouthpiece for these comments.

        They probably thought Trump was going to given like his first term, not really doing anything except pushing tax cuts and gutting regulators. That the S&P500 is down over 12% from last month can cause major issues for some investors. Not every investor is Warren Buffett.