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Mad Money w/ Jim Cramer

Albertsons CEO, LyondellBasell CEO & Centene CEO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 16 June 2021

⏱️ 45 minutes

🧾️ Download transcript

Summary

The Dow dropped 266 points today and Jim Cramer’s deciphering the major headlines from The Fed. Then, Albertsons’ CEO discusses new technology, remodeling stores, and the one year anniversary of the company’s IPO. Plus, Cramer’s checking in LyondellBasell’s top brass to discuss the company’s prospects post pandemic. And, following its investors day, Centene’s CEO joins Cramer to talk about his optimistic future for the company. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

My mission is simple to make you money.

0:05.0

I'm here to level the playing field for all investors.

0:08.0

There's always a book at Summer,

0:10.0

and I promised to help you find it.

0:12.0

Man money starts now.

0:17.0

Hey, I'm Cramer.

0:18.0

Welcome to Man Money.

0:19.0

Welcome to Kid America.

0:20.0

I would be wanting to make friends just trying to make you some money.

0:22.0

My job is not just to entertain,

0:24.0

but to educate, teach, put it all in context.

0:26.0

So call me at 1-800-7-4-3-7-4, or tweet me at Jim and Cramer.

0:31.0

The market rolled over here for today's Fed meeting.

0:34.0

Dow slipping 266 points,

0:36.0

S&B losing 0.54%.

0:38.0

As if the client didn't only 0.24%.

0:40.0

But I said, what did you expect?

0:43.0

I'm not surprised by what happened today.

0:46.0

I'm surprised that other people are surprised.

0:49.0

And that's my take on what the Federal Reserve did today.

0:52.0

Jay Powell didn't lower the boom on the stock market.

0:56.0

He simply acknowledged what you and I know already.

...

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