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Interesting comments from Jim Cramer re: China trade war:
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Interesting comments from Jim Cramer re: China trade war:


Jun 4, 2019, 11:16 AM

.

https://www.cnbc.com/2019/05/17/cramer-some-ceos-think-trump-is-stupid-on-china-trade-war.html


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CEO's anwer to shareholders. Shareholders want $$$


Jun 4, 2019, 11:36 AM

Very few CEO's look at the sovereignty of the US as one of there shareholders' tenets.

The President answers to the voters.

Some voters are also shareholders, and even CEO's

will the voter look at the good of the country or the good of his/her wallet first?

Time will tell.




Notice i never mentioned if Trump is "right or wrong" with his policies. Just that people's perspectives change relative to their position in the equation.

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Re: CEO's anwer to shareholders. Shareholders want $$$


Jun 4, 2019, 12:32 PM

Its been my experience that people and corporations almost always vote for the good of their wallet, at least in the short term. Look at the support for the recent tax cuts and companies using excess cash in stock buybacks instead of reinvesting in their company/employees.

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just learned China now owns 25% of all undersea


Jun 4, 2019, 11:36 AM

internet cables. I'm sure they wont be spying ;)

Make no mistake, we are in a technology war with them and they have been abusing our previous Presidents, either stupidity or kindness.

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