Don't buy stocks based on trade talks. At least thats what Jim Cramer had to say this morning from the floor of the New York Stock Exchange.
"3M (MMM) - Get Report is a China stock. Nike (NKE) - Get Report is a China stock. I mean, they just soar and I just want, Apple (AAPL) - Get Report is a China stock. Again, there are no China stocks. There are just stocks. So stop it. If you're buying it off of trade talks, the President is not really interested. He's more interested in changing Powell, than he is in changing Xi and Xi is not, not going to change and Trump ain't changing."
Watch the video above to see what else Jim had to say about trade talks and why investors should be more concerned with President Trump's views on Fed Chairman Jerome Powell, rather than President Xi.
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