I'm Jim Kramer and you're about to hear a sample taken directly from today's

CBC Investing Club morning meeting.

Now this is a weird thing because what happened yesterday was just a horrendous performance

by the NASDAQ and okay by the Dow.

And I don't want to actually get into the prediction game during this 10 minutes, but there's been a nice move off the bottom in the NASDAQ. And a lot of us may have to do with the idea that maybe CoreWeave, which is an IPO that's coming, is going to be downsized, but maybe it'll work. And I know that we shouldn't keep too much on one deal. But it does matter. A lot of confusing headlines out there. There was a Cala note that we're going to dig into yesterday that sent a lot of stocks

and the data center complex lower.

Should that have been the right thing?

We'll see.

But, you know, looking at the market in general, we did have a big pullback yesterday.

The loss is accelerated after the president announced tariffs

on autos.

Something you said on our monthly call just a few weeks ago to expect.

I have been saying for some time that what happens is that there's just two components

to foreign cars.

Half the cars in this country that are sold are from foreign, but also the cars

of the companies where they've moved the factories here, they tend to be just the low value added,

the frames, the high value added, the engines are still made overseas. So there's a lot of belief

that these companies have really used us as a dumping ground. It's not something I disagree with at all.

Sure, but I mean the impacts are significant, according to Morgan Stanley, about 45% of

of auto sales are imports. It could raise the price of cars by 11 to 12%. So it's still this general,

you know, uneasiness ahead of Liberation Day, April 2nd.

What tariffs are going to be in place?

...