this post was submitted on 07 Apr 2025
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Leopards Ate My Face

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[–] SuperCub@sh.itjust.works 30 points 1 year ago* (last edited 1 year ago) (1 children)

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 10 points 1 year ago (1 children)

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 5 points 1 year 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.