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Jim Cramer: Trump needs new coronavirus response approach to reassure the stock market
Mad Money ^ | Mar 9, 2020 | Jim Cramer

Posted on 03/09/2020 6:26:24 PM PDT by DannyTN

Video at link

Cramer's not the biggest Trump fan. Apparently doesn't like the current health system.

But he does offer advice that is probably correct in this scenario.

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


TOPICS: Culture/Society; Government; News/Current Events
KEYWORDS: coronavirus; covid19; jimcramer; madmoney; nbc; nutburger; trumpcdc; trumpeconomy; wuhanvirus
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1 posted on 03/09/2020 6:26:24 PM PDT by DannyTN
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To: DannyTN

FAKE NEWS!


2 posted on 03/09/2020 6:27:47 PM PDT by conservative98
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To: DannyTN

Yes, Trump needs to go out there and say the virus is going to kill everybody, buy 400 rolls of toilet paper, 200 rolls of paper towels, 20 gallons of hand sanitizer and that he will resign as president and will announce that Hillary Clinton will take over.

That is the response that these frauds want

Until then “Orange Man Bad”


3 posted on 03/09/2020 6:29:34 PM PDT by Trump.Deplorable
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To: Trump.Deplorable

Did he scream it?


4 posted on 03/09/2020 6:29:56 PM PDT by DIRTYSECRET (urope. Why do they put up with this.)
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To: DannyTN
I remember when journalists, Democrats, and their left-wing front groups all screamed at Obama to do something immediately when the H1N1 virus hit.

Yep, seared in my brain like John Kerry.

5 posted on 03/09/2020 6:32:27 PM PDT by Extremely Extreme Extremist
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To: DannyTN

Jim Cramer?

Seriesly?


6 posted on 03/09/2020 6:32:31 PM PDT by E. Pluribus Unum (I would rather have questions that canÂ’t be answered than answers that canÂ’t be questioned.)
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To: Trump.Deplorable

Time to buy a bidet at home despot!


7 posted on 03/09/2020 6:34:13 PM PDT by the_daug
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To: DannyTN

I’m sure he’ll take out his magic wand and make it all go away! /s


8 posted on 03/09/2020 6:35:43 PM PDT by WWG1WWA (Brothers, what we do in life echoes in eternity." -Marcus Aurelius - stop changing my tag, freak.)
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To: DannyTN; AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ...

Cramer spent a few months later in 2019 saying favorable things about POTUS Trump, and pointing out that the Chinese dictatorship lies about everything. He also started out pointing out that Sanders was a commie. Apparently the partisan creeps running NBC finally leaned on him.


9 posted on 03/09/2020 6:36:29 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: DannyTN

Rush had a great take on why the stock market is down, and he believes the main reason isn’t Coronavirus, but rather the Saudi’s flooding the market with cheap crude.

As much as some want to believe this market plunge is due to COVID-19, I believe Rush is exactly right...it is plunging due to the Saudi’s flooding the market with cheap crude!

https://www.rushlimbaugh.com/daily/2020/03/09/market-plunges-over-oil-not-the-coronavirus/


10 posted on 03/09/2020 6:36:30 PM PDT by Artcore (Trump 2020!)
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To: DannyTN
Low Oil price might be a negative than a positive.

More testing would increase confidence.

Fouci warned people away from cruise ships. Where are the ships? Test everyone on them.

4 suggestions for Trump.

  1. Fiscal stimulus needed, monetary has gone as far as possible. Zero interest loans to small businesses. Subsidize companies that give paid sick leave.
  2. Change of tack from President. Have best attitude but prepare for worst. More testing=credibility. Playing golf doesn't work to placate during a pandemic. Positive suggestions.
  3. Step up on finding solution. Manhatten project. Rewards for solutions/vaccine/cure.
  4. Back community healthcare system with unlimited resources. "You go to war with the healthcare system you have, not the one you want." (Eye roll) back with everything from Mobile army surgical hospitals, hazmat suits. Gigantic bond offering $300 billion 30 year.

He thinks this would calm the markets.

On verge of recession. May have recession regardless.

11 posted on 03/09/2020 6:37:24 PM PDT by DannyTN
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To: the_daug

I already have one, that is why I don’t need 5000 rolls of toilet paper.

I got the cornyvirus beat!


12 posted on 03/09/2020 6:38:06 PM PDT by Trump.Deplorable
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To: DannyTN

The amount of people coronavirus has killed or will potentially kill, will never even come close to the amount of people liberalism, socialism, communism, abortion and appeasement has killed in the past century and counting. I’m not saying this virus should be ignored, but imagine if all those things by the left got the press this virus is getting


13 posted on 03/09/2020 6:38:11 PM PDT by GrandJediMasterYoda (As long as Hillary Clinton remains free equal justice under the law will never exist in the USA)
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To: All

The timing of this and the willingness (some would even say eagerness) of progressive governments to create economic downturn guarantees is very suspicious.

One wonders how many conference calls went on before this grew into a big news story.

Progressives know that Trump’s re-election chances were good because he delivered a good economy. And the two countries apparently in virus-spreading mode are China and Iran.

I don’t trust this at all. Do you?


14 posted on 03/09/2020 6:38:12 PM PDT by Peter ODonnell (I picked a bad year to invest in Corona beer)
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To: DannyTN

Like Kim Jong Un’s?


15 posted on 03/09/2020 6:39:22 PM PDT by arthurus (omnicovfefe)
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To: DannyTN

President Trump: You would do best to advise the people based on sound data and science. Don’t start unnecessarily quarantining people, exaggerating danger, and rationing to try to convince nervous investors that you are doing something.


16 posted on 03/09/2020 6:41:34 PM PDT by Socon-Econ (adical Islam,)
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To: Artcore

Oil war certainly didn’t help. But the market has been going down every since it became apparent that the virus was getting out of control in S.Korea and Japan.

That was 2 weeks ago last Friday.

Low Oil prices are a mixed bag. They will help the consumer giving them more disposable income. But they will hurt the US oil industry possibly driving marginal fracking companies into bankruptcy or layoffs.

More consumer disposable income won’t translate into consumer purchases as long as consumers are fearful. The testing can’t be over-emphasized. But the things Cramer mentioned could help too.


17 posted on 03/09/2020 6:42:25 PM PDT by DannyTN
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To: Artcore

Cheap Oil —> more iPhones.

Apple is what drives the market these days.


18 posted on 03/09/2020 6:42:29 PM PDT by Paladin2
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To: DannyTN

How about we let the stock market go down?

If Trump is right - and I think he is - then it will go back up as coronavirus is proven manageable. I have a significant amount of my retirement money in stocks. I’m sure it has taken a huge beating. But it had a huge run-up, and ups in the stock market are always followed by downs. I’m in it for the long haul.


19 posted on 03/09/2020 6:42:44 PM PDT by Mr Rogers (Professing themselves to be wise, they became fools)
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To: DannyTN
Many years ago...I was in a chat room with stock traders...

When Jim Cramer said sell,sell,sell...We all bot.

And vice versus........

Jim is a used care salesman....

20 posted on 03/09/2020 6:44:11 PM PDT by Osage Orange (Whiskey Tango Foxtrot)
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