Hey, I'm Kramer.

Welcome to Mad Buddy. Welcome to Kramer.

Other people with my friends, I'm just trying to make little money.

My job is not just to entertain, but to educate the teacher.

So call me at 1-800743 CBC, Tweetme, Jim Kramer.

What can I say? We temporarily forgot who was in charge,

who determined stock prices, who decides whether we're going to have an up day or a down day.

No, I'm not talking about the invisible hand of the market. I'm talking about the president.

That's right, because President Trump isn't happy with his trade negotiations with the EU.

He utilized this very morning to slap Europe with a 50% tariff on June 1st, unless they come to the table, make a deal.

On top of that, he's single out Apple for 25% tariff on cell phones made in India, because he wants those products, well, he wants some made

right here.

Honestly, it's cheaper for Apple to just pay the 25%.

That unfriendly government intervention is why the Dow declined 256 points.

The S&P lost 0.67 percent, and then Axe drop 1%.

Hey, Simich, what about this guy?

Trump sure makes this business interesting.

Of course, these actions make it much harder to own stocks for you and me.

I own my travel trust.

You own an individual.

After the averages bottomed on April 7th, we very quickly got used to the idea that the president was done rolling the markets.

We thought he learned his lesson from that

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