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

Investing Club warning meeting. There's an overall tone, Jeff, that by Goldman Sachs lowering

the odds of U.S. recession, we are seeing the one group that I think has really been terrible.

The banks make a comeback despite the fact that

the banks were recently told, you know what? You got to put more money up. What does that say

to you?

No, I think that's a really good point. The lower recession odds come after, you know, the

debt agreement, also seeing some stabilization in the banks too. And it comes after that

really strong jobs report Friday. Yes. Maybe strong Goldilocks on the wages side, strong on the job growth side. So I think as long

as the labor market remains as strong as it is, then, yeah, I would say the odds should be lowered

of an imminent recession. And I want to make a strong case right now from Morgan Stanley. I know the James Corps of Ministers departing. But what matters is that Morgan Stanley got caught up in this whole process. And the stock is exactly where it was when Silicon Valley Bank came out, because there were people who believed it may have to put more capital. Now, a lot of the others that we're seeing, like at First Horizon, they're starting to make a comeback. Schwab making a comeback. But this is the one that I think had the best model and is being treated

very subpar, because almost 4%. I think members should be buying the stock and buying it

across the way. Yeah. And, you know, seeing more signs of debt deal activity as well, starting to pick up again, which is good for them.

IPOs, Kava, which is, if you haven't had it, it's a fast casual chain Mediterranean base.

They're looking to IPO soon.

So maybe we finally see some type of green shoots in that business.

Well, what do you think it says about the people who continue to buy long bonds between three and a half and four percent?

Well, look, I think where rates are, it's hard to argue with a guaranteed safe investment like that.

But at the same time, we know the markets had a very nice move over the same period

as well, up almost 20% from the October lows. So just more signs that there's also ways to win

in equities as well. And I want to point out that the magnificent seven, which has been something

we did six to the seven, they're very proud of. We'll probably rest here.

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