"Since admitting that he only cares about policies that help stocks make money in 2017, he has been consistently non-partisan about politicians and only critical about policies. In the case of President Trump, for example, Cramer has been supportive of measures like tax cuts and critical of tariffs. This is why Cramer took an unusual stance of defending President Trump on a recent episode by exclaiming, "He brings down prices!"."
"Others who follow the market and disapprove of the President's tariff initiatives reiterate Financial Times columnist Robert Armstrong's T.A.C.O. description, an acronym for "Trump Always Chickens Out". Armstrong was referring to President Trump's use of extreme leverage threats and warnings to negotiate issues with other nations, but ended up backing down at the end - to avoid rocking the market too much."
A prominent financial commentator prioritizes policies that help stocks and maintains a non-partisan stance toward politicians while critiquing policies such as tariffs. Support for tax cuts contrasts with criticism of tariff initiatives. Policy announcements and social media posts produced market volatility, including a 589-point Dow rise and the S&P 500's best day in two months. Investor reactions vary from being spooked by unpredictability to viewing tariff threats as bluffs. The recommended approach is to watch for market overreactions and capitalize when company fundamentals remain unchanged, using examples such as tariff-driven selloffs in the airline sector.
Read at 24/7 Wall St.
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