178
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 07 Apr 2025
178 points (100.0% liked)
Leopards Ate My Face
6236 readers
866 users here now
Rules:
- If you don't already have some understanding of what this is, try reading this post. Off-topic posts will be removed.
- Please use a high-quality source to explain why your post fits if you think it might not be common knowledge and isn't explained within the post itself.
- Links to articles should be high-quality sources – for example, not the Daily Mail, the New York Post, Newsweek, etc. For a rough idea, check out this list. If it's marked in red, it probably isn't allowed; if it's yellow, exercise caution.
- The mods are fallible; if you've been banned or had a comment removed, you're encouraged to appeal it.
- For accessibility reasons, an image of text must either have alt text or a transcription in the comments.
- All Lemmy.World Terms of Service apply.
Also feel free to check out !leopardsatemyface@lemm.ee (also active).
Icon credit C. Brück on Wikimedia Commons.
_portrait.jpg){kind=link}
founded 2 years ago
MODERATORS
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.
So what you're saying is that him speaking up about Trump is a clear sign that his bosses wants him to?
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.