Brunswick CEO, Xponential Fitness CEO & Off The Charts: U.S. Dollar 5/9/23

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 9 May 2023

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks closed lower and Jim Cramer is making the case for picking individual stocks in a volatile market - he's outlining ways to find stocks that work in this market environment. Then, Brunswick CEO David Foulkes talks to Cramer about the state of the boating industry as consumer trends change. Next, could Xponential FItness get your portfolio in shape? Cramer's sitting down with CEO Anthony Geisler. Plus, Cramer's going Off The Charts to see how the U.S. dollar is impacting assets across the market and where it's headed. Mad Money Disclaimer

Transcript

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0:00.0	My mission is simple to make you money. I'm here to level the playing field for all investors.
0:08.0	There's always a more market somewhere and I promise to help you find it.
0:12.0	Man money starts now.
0:17.0	Hey, I'm Kramer. Welcome to Man Money. Welcome to Kramer America.
0:20.0	Other people are like friends. I'm just trying to make some money.
0:23.0	My job's not just to entertain but to put it all in context.
0:26.0	So call me at 1-107-4-3CBC or tweet me at Jim Kramer.
0:30.0	Everybody loves to obsess over the macro.
0:34.0	What will happen with the debt ceiling? What will the Fed do next?
0:40.0	How bad is commercial real estate?
0:42.0	How bad is commercial real estate?
0:44.0	And they love to talk about trading instruments like the volatility index or the regional bank ETF
0:48.0	or the major averages, which includes days like today, where the Dow slip 57 points
0:52.0	as it would be dip point 4-6%, NASDAQ 7.6%, 3%.
0:56.0	Of course, you need to have your view of this big picture stuff and I don't deny it
1:00.0	because there are long standing patterns that are impossible to ignore.
1:04.0	Lower interest rates do tend to drive stocks higher.
1:06.0	The volatility index tends to spike when there's uncertainty over the debt ceiling negotiations.
1:11.0	There's not going to learn anything from me or that.
1:14.0	But at the end of the day, I still believe the best money can be made by picking individual stocks.
1:20.0	So many experts will tell you to stick with index funds.
1:24.0	They argue you'll never be LeBron James.
	...

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