Bank of America CEO, Ford CEO & Shopify President 7/27/22

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 27 July 2022

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

All three averages rose and Jim Cramer is breaking down the market's reversal off yesterday’s declines. Then, Bank of America CEO Brian Moynihan talks to Cramer about interest rates, inflation, recent technology investments and the state of the consumer. Next, Ford CEO Jim Farley joins Cramer after the company reported a strong beat for its most recent quarter. Plus, Cramer's exclusive with Shopify. 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 more market 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 Kramer.
0:18.0	Welcome to Man of Money.
0:20.0	Welcome to Kramer, Akka.
0:21.0	I'd be one of my friends.
0:23.0	I'm just trying to make you a little money.
0:25.0	My job, not to entertain, but to educate and teach you.
0:28.0	So call me at 1-800-733-C or tweet me at Jim Kramer.
0:32.0	Why did the average is war
0:35.0	after the Fed's triple rate height today?
0:38.0	Now getting 436 points,
0:41.0	the S&B surging 2.60% NIDAS Act skyrocketing 4.06%.
0:47.0	Towards data centric.
0:51.0	When Fed Chief J. Powell spoke that phrase,
0:53.0	it meant the Fed isn't gonna kill us.
0:56.0	Normally, two back-to-back 75th side
0:58.0	basis point rate hikes would be the kiss of death
1:01.0	to the stock market.
	...

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