CNBC’s Jim Cramer unpacked Monday’s market action, saying investors shouldn’t be so shocked by President Donald Trump’s steep tariff…
CNBC's Jim Cramer unpacked Monday's market action, saying investors shouldn't be so shocked by President Donald Trump's steep tariff hikes, as he touted such moves repeatedly during his campaign."Stop panicking when Trump does something you think is crazy, and remember that he promised to do most of this stuff before he was elected, and he still won," Cramer said."Many might say this is a precarious moment…I simply say you got what your country voted for.
Cramer also reviewed other sector action on Monday. He pointed out how companies that offer value meals and consumer products rallied, even as some rely on Mexican imports, like. Traders were indifferent to this potential issue because the companies do much of their business domestically, he suggested. Tech also rallied, but Cramer indicated that their action for the rest of the week remains uncertain as Wall Street waits to hear earnings from"Get used to the turmoil," Cramer said.
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