"This is not some reality show, for heaven's sake. It's real life: real jobs on the line, [a] real economy at stake. While the president had a huge hit with 'The Apprentice,' governing the most powerful nation on earth is more serious than going to the top floor to learn who's been fired," he said.
"I think it's starting to dawn on major-league money managers that ... maybe they misjudged [the president]. Maybe he simply doesn't take this stuff seriously enough to be considered dependable, even as what really matters [to his base] is the ratings, or the equivalent of [them], which means the White House version of 'The Apprentice.'"
Money managers are realizing that Trump isn't 'dependable enough' for the market: Cramer CNBC's Jim Cramer attributes part of Tuesday's marketwide collapse to political uncertainty brought about by the Trump administration.
CNBC's Jim Cramer attributes part of Tuesday's marketwide collapse to political uncertainty brought about by the Trump administration.
He Said, Xi Said (Part Four)
* I profoundly differ with the positive stock market spin (on Monday) following this weekend's "trade agreement"
* We have likely started a lengthy 'Cold War in Trade' with China - a timeframe measured in years not (three) months