Jim Kramer here to share with you a sample of my take on the market from today's

CMEC Investing Club morning meeting.

What do we have here today?

Well, we have a day where Janet Yellen basically said, you know what, it's really, it's

come and do.

Speaker McCarthy, obviously intransigent.

The president flying to Japan at a time when I would argue that the Republic is in jeopardy,

if you look at, say, the monthly T bill, we're beginning to get calls from people, regular people

who are saying, what happens here?

What happens to my Social Security check? What happens to my Social Security

check? What happens to my Medicare? Can I get my medicines? This is what's on the horizon,

and it's making people very concerned that there's a cavalier nature of Washington about our own

concerns. Sure. And it's creating a lot of volatility in the market. Look, will there be an agreement?

Yes, at some point. There has to be, right? But up until that, there's just a lot of volatility in the market. Look, will there be an agreement? Yes, at some point. There

has to be, right? But up until that, there's just a lot of uncertainty as we get closer to the

ex-state where the government runs out of cash. And the market is going to be volatile into that.

So that's what we're seeing today. We said yesterday, expect Tuesday to kind of a down-opening,

Home Depot's a drag two, which we can talk

about as well. Well, I mean, my law school professor Larry Tribe is talking about using the 14th

Amendment. That's a total non-starter. All that does is get at the Supreme Court. Supreme Court

thing kicks it back to the house. Whoever thinks about that is just, I think, a fool's iron.

Home Depot is important because the stock was down eight to

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