CNBC's Jim Cramer opined on how President Donald Trump helped cause Monday's intense decline, suggesting investors are panicking as he reverses course from his previous term. This time around, Cramer said, the president seems to favor more populist ideals, and his prior focus on the market has taken a back seat as he sets his sights on tariffs.
CNBC's Jim Cramer advised investors not to leave the market entirely because of the massive sell-off. He said to remember there is always a bottom and stocks can recover. Cramer then recalled late CNBC anchor Mark Haines, who correctly called a market bottom on this date back in 2009 during the financial crisis.
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With uncertainty high, Cramer's question—"Do we just keep selling because everyone is selling?"—captures the mood on Wall Street. Whether investors follow Larry Fink's advice to buy the dip or continue the sell-off remains to be seen.
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In this piece, we will look at the stocks Jim Cramer recently discussed.
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A popular television personality and host, Jim Cramer is known for his bold investment choices. Many like his investing style while many loathe him. Cramer has been in the market for many years and has offered investment advice to beginners and professionals.