Tags: Financial Markets | jim cramer | economy | trump | pelosi | china | trade

Jim Cramer: DC Is Largest Economic 'Headwind'

CNBC's Jim Cramer (Sipa via AP)

By    |   Friday, 04 October 2019 12:59 PM

CNBC's Jim Cramer said the impeachment inquiry of President Donald Trump and U.S. trade disputes are responsible for creating the most economic uncertainty in almost two generations.

Cramer made his comments on Friday during an appearance on the network's "Squawk on the Street." The network posted a video excerpt of his appearance.

"If you pay any attention to Washington do you have any idea what's going to happen?" he said.

"Washington is the biggest headwind to the economy that I can recall. I have not seen it since [Richard] Nixon, such a headwind. It fights you at every turn.

"I mean look at the lead headlines … China, Ukraine, Biden ..."

And he said if Congress was unable to pass the North American Free Trade Agreement replacement, how could it ever approve any trade agreements with China?

"The idea of Nancy Pelosi sitting down with Trump, how's that possible?" Cramer asked.

He questioned how Pelosi could go to Trump and say: "'I'm trying to impeach you, let's make a deal'" on trade.

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CNBC's Jim Cramer said the impeachment inquiry of President Donald Trump and U.S. trade disputes are responsible for creating the most economic uncertainty in almost two generations.
jim cramer, economy, trump, pelosi, china, trade
172
2019-59-04
Friday, 04 October 2019 12:59 PM
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