CNBC’s Jim Cramer said on Tuesday he speaks to dozens of CEOs every week and they’re all worried about a slowdown in earnings growth.
“There are many parts of the economy that are slowing,” Cramer said “Squawk Box.” “I would love to say it’s all systems go. But my work does not show that.”
“The pastiche of industrialist CEOs I deal with right now, everything from retail to oil and gas to steel, it doesn’t matter. It changed. It changed in the last six weeks,” he said.
Cramers comments on television echoed his tweet from earlier in the morning, in which he said CEOs “all had high hopes” but “no longer.”
Later on “Squawk on the Street,” Cramer said he worries that the slowdown “is not just in housing.”
— CNBC’s Matthew J. Belvedere contributed to this report.