Economy

Trump Discusses Market Volatility and Economic Plans with Jim Cramer

Published December 13, 2024

On a recent Thursday at the New York Stock Exchange, President-elect Donald Trump spoke with CNBC's Jim Cramer about the potential for market volatility as he outlines his economic plans. During the interview, Trump acknowledged the unpredictable nature of the market, stating, "A dip can always happen." However, he did not make any specific predictions about future market movements.

Trump reflected on his administration's economic achievements prior to the pandemic, emphasizing his commitment to fostering growth in various sectors. He expressed that his goal is to create significant job opportunities, high salaries, and a robust workforce, reiterating his administration's focus on economic stability and growth.

The discussion also included a look at Trump's relationships with leading figures in the technology industry. He mentioned plans to meet with Amazon founder Jeff Bezos the following week and also touched on his interactions with other tech leaders like Mark Zuckerberg, the CEO of Meta Platforms Inc., and Elon Musk, the CEO of Tesla Inc..

In a notable shift from his previous skepticism toward digital currencies, Trump proclaimed, "We’re gonna do something great with crypto," suggesting that his administration might engage in future cryptocurrency initiatives. This new perspective highlights Trump's evolving views on financial technology and cryptocurrency.

The interview occurred following a ceremonial ringing of the opening bell at the New York Stock Exchange, marking a significant moment in Trump's continued engagement with financial markets.

Disclaimer: This content has been developed for informative purposes and does not constitute financial advice.

Trump, Market, Volatility