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Cramer: 'Anything that Trump said is going to come true'
CNBC ^ | November 28, 2016 | Berkeley Lovelace Jr.

Posted on 11/28/2016 3:18:23 PM PST by 2ndDivisionVet

The post-election market rally can be attributed to President-elect Donald Trump's vows coming to fruition, CNBC's Jim Cramer said Monday.

"This is a remarkable rally because it's based on everything that this guy says — like anything that Trump said is going to come true." Cramer said on "Squawk on the Street." "And I think that's because people just feel like the Republican Party's going to fall in line."

Major U.S. equity indexes have spiked since Trump's victory over Hillary Clinton in the Nov. 8 election. The Russell 2000 has notched its longest daily winning streak since 1996.

Cramer said some economist predict the Trump rally won't last much longer — but he took a more optimistic view, saying economists need a more solid reason for why it won't last....

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Government; Politics; TV/Movies
KEYWORDS: economy; jimcramer; stockmarket; trump

1 posted on 11/28/2016 3:18:23 PM PST by 2ndDivisionVet
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To: 2ndDivisionVet

I had an Economics professor who argued that the market is indicative of confidence in leadership. Ask yourself, who is inspiring small and big business owners with their talk about Making America Great?

Trump said what people have been thinking the last 4-8 years. A lot of people have 401ks and while they may not be Warren Buffett, they see what zero growth has done to their portfolios.


2 posted on 11/28/2016 3:28:25 PM PST by Mean Daddy (Every time Hillary lies, a demon gets its wings. - Windflier)
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To: 2ndDivisionVet

Trump wins.
Clinton defeated and humiliated.
Obama legacy destroyed.
Democrats decimated.
DOW over 19,000

Yeah, I don’t think I’ll get sick of this winning stuff. Feels pretty f#$%ing good.


3 posted on 11/28/2016 3:35:47 PM PST by No_More_Harkin
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To: 2ndDivisionVet
Donald Trump is a legitimate human being, 70 something years old, successful have paid attention and applying learned wisdom and is quite capable of reproducing himself as a mature and self assured man.

His ability to read and direct people is above average and I am SO waiting and ready for his administration.

I've been in the sales game and I know a good manager can make a winning team out of mediocrity.

Welcome, President Trump.

4 posted on 11/28/2016 3:37:01 PM PST by knarf
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To: Mean Daddy

The Obama Presidency will be looked back on as the Dark Ages...


5 posted on 11/28/2016 3:56:56 PM PST by Hotlanta Mike ('You can avoid reality, but you can't avoid the consequences of avoiding reality.")
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To: Hotlanta Mike

Will be? Already is for many of us.


6 posted on 11/28/2016 4:17:38 PM PST by AndyTheBear
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To: Hotlanta Mike

That might be construed as racist micro-aggressive, anti-this, anti-that attack.

Whatever.....


7 posted on 11/28/2016 5:33:53 PM PST by wally_bert (I didn't get where I am today by selling ice cream tasting of bookends, pumice stone & West Germany)
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To: Hotlanta Mike
Sure, a political 'Dark Age.'

But unless every 'of age' white female starts having 10 kids in the next 10 years, the return of the real 'Dark Ages' are inevitable.

The great and super fantastic Trump, the best thing to happen to the country in a long time, is unfortunately nothing but Ahab on the Caliphate Moby Dick.

8 posted on 11/28/2016 5:45:18 PM PST by deadrock (I is someone else.)
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