Australia  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Here's What's On Jim Cramer's Mind

Video Credit: The Street - Duration: 01:34s - Published < > Embed
Here's What's On Jim Cramer's Mind

Here's What's On Jim Cramer's Mind

This Thursday, the U.S.-China trade war is on the top of Jim Cramer's mind.

On the floor of the NYSE, Cramer tells TheStreet's Katherine Ross that investors need to be wary of trusting China's statements on tariffs or trade agreements, and instead watch China's actions.

"Do not trust the Chinese.

Trust what they do, not what they say.

China has said the U.S. has agreed to roll back tariffs.

Don't believe that at all.

There has been no agreement whatsoever.

There will be no agreement until there's a way to be able to verify that the Chinese will play ball.

So, do not believe mainstream media when they talk about where we are with talks." In terms of actions, China recently sentenced fentanyl traffickers to prison, as part of a cooperation between U.S. and Chinese law-enforcement agencies.

This sentencing has been interpreted as a demonstration that China is serious about working with Washington.

"That's the signal that the White House has been looking for to start to get serious about talks," said Cramer.

Cramer also highlights that if trade talks are going well, investors should buy banks because bank companies like JPMorgan and Citi have a lot of growth opportunities in China.

As always, Cramer leaves investors with pertinent advice: "The most important thing is action." Watch the full video above for Cramer's take on China and the trade war.

Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos: Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below

0
shares
ShareTweetSavePostSend
 

You Might Like


Tweets about this


Recent related videos from verified sources

CVS Chief Merlo Proved The Market Wrong, Cramer Says [Video]CVS Chief Merlo Proved The Market Wrong, Cramer Says

The market thought CVS was destined to be 'roadkill' but CEO Larry Merlo proved the skeptics wrong, Jim Cramer says.

Credit: The Street     Duration: 01:58Published

Trade Deal Secured: Jim Cramer on China, Costco, Facebook [Video]Trade Deal Secured: Jim Cramer on China, Costco, Facebook

Jim Cramer breaks down whether to believe in the phase one trade deal with China.

Credit: The Street     Duration: 05:20Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.