Wokeness has infected CNBC's @jimcramer, who is 'done investing in oil companies' b/c they are 'bad investments'. Why? B/c millenials care about climate change. Absurd. Global demand has never been greater. O&G companies will adapt, but fossil fuels are here to stay
@SquawkStreet
Be clear & fair. Jim Cramer said a lot of funds will be reluctant to invest in oil because of their wokeness and pressure from the #woke crowd. Cramer himself is hardly woke but he rightly sees some funds put politics above making money for their clients.
06:53 - 3. velj 2020.
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