Cramer Says Don’t Worry About Government Shut Down, Government Shuts Down
Latest news
-
Pen Smith - October 2, 2025 -
-
-
Max Profit -OpenAI Valued At $500 Billion According To ChatGPT
-
Robert - October 1, 2025Government Shuts Down: Gold, Bitcoin And Trump’s Heart Rate Surges
-
WSM Casino- Green
WSM Casino – Dark
Like a character in a Greek myth, cursed to predict the future but always get it wrong, Mad Money host Jim Cramer called it again, boys!
On Monday’s show, Jim Cramer said, “When it comes to government shutdowns, my message is simple: keep calm and carry on, because the stock market tends to do just fine in these situations.”
So OK, he didn’t say it WASN’T going to shut down, if anything, he said to prepare for a shutdown, implying he thought it was likely (has the curse been broken?).
As for whether he’s right, are stocks doing just fine? …I don’t know. They were fine at close yesterday, but the Dow just dropped 200 points, maybe it’ll be back up but who knows, not me and probably not Jim ‘the Crame’ Cramer. It’s a fool’s game, Jim, it always has been.
What he might be right about, though, is the worry that we’ll see a delay in receiving financial data from this shutdown as federal employees are sent home. This is the kind of data that informs the Fed’s decision-making, so Trump, for one, might have to kiss goodbye to any hope of a surprise point drop on interest rates.
As for the shutdown, this is the first time this has happened since 2013 (I know it feels like the government’s always shut down, though). How and why can a government simply shut down, I hear you ask? Don’t we need a government to keep running, I hear you ask? If a government can just shut down like this, then do we really need a government ever, I hear you ask?
Great question.
So a government shuts down when the politicians can’t agree on the federal budget. Given how little politicians seem to agree these days, it’s surprising the government isn’t always shutting down.
Over the shutdown period, hundreds of thousands of workers will be furloughed, which is a word I haven’t heard since them COVID days…
Who’s to know how long this will last or what impact it will have on MY life, but one thing is for certain: always bet against Cramer.
For more on this story, click here: Gold At New ATH Ahead Of Government Shutdown
Related Articles
Latest news
-
Pen Smith - October 2, 2025
I Am DONE Writing About Trump
-
-
-
Max Profit -
OpenAI Valued At $500 Billion According To ChatGPT
-
Robert - October 1, 2025
Government Shuts Down: Gold, Bitcoin And Trump’s Heart Rate Surges
-
