The 'Mad Money' host worries how the nationwide protests, which he generally supports, could impact the fight against coronavirus.
Thousands of people in America and countless others abroad have spent days on end protesting — most of them peacefully — racism and police brutality in the wake of the police-involved killing of George Floyd in Minneapolis on Memorial Day.
"Until very recently, nobody was investing with an eye toward making the world a better place — whatever that might mean," he said. "While there's now a younger generation that invests with their hearts as well as their heads — and I share a lot of that sentiment — for the most part, people still pick stocks because they're trying to make money."
"That's why I'm concerned that we're going to get a huge second wave of infections, far earlier than people thought," he said. "Plus, in the places where protests turned violent, it gives businesses another reason to shut down or keep their employees working remotely. From this stock market's perspective, everything that happened this weekend means the stay-at-home economy will last longer than we thought.
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