If President-elect Donald Trump's reaction after meeting with United Technologies CEO Greg Hayes at Carrier on Thursday is any indication of how he will be as president, Jim Cramer thinks he will be pretty tough on companies that move jobs offshore.
"He says there will be consequences. That doesn't sound like your typical pro-business Republican president," the "Mad Money" host said.
Nevertheless, Cramer thinks that investors were too negative before the election, and got ahead of themselves after it. The market was exactly what he didn't want to see on Thursday.
"We basically ran out of new money to fund a healthy broad-based advance and instead went narrow into a couple of so-so leadership groups, which is not a positive long-term scenario," Cramer said.