CNBC host: Wall Street is filled with a "Trump denial" sentiment, it's time to stop
Golden Ten Data reported on March 26 that CNBC anchor Jim Cramer stated on his program Wednesday that Wall Street does not acknowledge the strong market performance. He believes investors are ignoring the drop in oil prices and what he calls the “presidential protection measures.” Cramer said, “If you feel uncertain in this market, just look at the trend of oil prices. Don’t pay attention to those who scoff at every word the president says.” He also pointed out that Trump is often able to pull the market out of trouble with his remarks. The market chooses to focus on the pessimism brought by rising oil prices, while ignoring Wednesday’s pullback. Cramer commented, “I see denial everywhere, and it’s really affecting everyone’s job performance.” He also noted that the stock market rose on Wednesday; investors should no longer turn a blind eye to what is really happening in the oil market and the broader market.
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