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

CMEC Investing Club warning meeting.

I do want to say that when I spoke to executives offline, most of them have actually met

with the president, and the president is far more bullish during this period and is kind

of, I think, resetting expectations to say, look,

this transitory may be one of those things where don't bet against the stock market because

there are many companies that are going to be doing quite well through this.

That's been our position.

Witness the Home Depot up $6.

Here it is at $359.

It sells it 23 times earnings. I think we're going to have

a really good gardening season. Rates are very low. But people are worried about tariffs. And I think

the worries are getting overdone. And I think that's really important because if things were

really inflationary, interest rates would be going in the other way. Interest rates are saying

not to worry as much as you are about tariffs. And I'm going to go with interest rates. I think

they do more than just than what the Federal Reserve guys do when they're talking. So I'm being

a little more bullish today because of what happened when I was at Jensen World. And I continue to think that Jensman World is probably the

most important part of the U.S. economy, because you're talking about $3 trillion worth of

new replacement work that has to be done. That's bigger than housing. Housing can punch its

weight, but three trill with the next two years. Jeff, that's just gigantic.

Sure. And you mentioned meeting with the president. This wasn't my main takeaway from that

great three-part interview you did have with Jensen yesterday. But he had a great conversation with

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