Squawk on the Street Cramer's Morning Take: Trump's Comments at the NYSE 12/12/24
Dec 12, 2024
Cramer dives into Trump's recent comments and their potential impact on the economy. The discussion highlights job reshoring and a strong pro-business stance that contrasts with past administrations. They also navigate current market trends shaped by these policies and rising interest rates. Emphasis is placed on the importance of a long-term investment strategy, coupled with maintaining solid relationships in the business world. It's an engaging look at how politics and economics intertwine.
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Conversation with President-Elect
- Jim Cramer discusses his conversation with the president-elect about business and stocks.
- The president-elect is interested in reshoring and job creation.
Pro-Business Environment
- The president-elect is viewed as highly pro-business, potentially benefiting stocks.
- A pro-business environment and deregulation are expected to boost specific sectors.
Long-Term Investing
- Investors should take a long-term view despite short-term market fluctuations.
- Look for opportunities to invest in well-performing companies.