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

CBC Investing Club morning meeting.

Now I've got to tell you, we've got a couple of numbers.

The August retail sales that are actually strong.

Ex-A, us auto and gas, they're still strong.

But I really want to comment on the fact that I'm out here,

and you feel like not only should there be no Fed rate cut, but you begin to think maybe business

is so strong because you still can't get enough people to do regular work that technology has.

There's just not enough engineers being produced. So I find it unreal, Jeff, the world where

the consumer is is definitely weaker. The world where the hiring is, is not weak at all, at least out

here. Sure. It definitely can feel a little surreal, right? We're about to, the Fed's about to start

cutting interest rates,

and we have the S&P knocking on the door of an all-time high. The Dow made a new high yesterday,

again today. But I think just going back to the retail sales, yeah, they were pretty good. I mean,

if you drill down electrons and appliance stores, we look at that for Best Buy. It actually was down 1.1% month over month, but up 1.9 year over year.

You had building material, garden equipment.

That squeezed a small month-over-month game.

But I think everyone's really looking ahead to the rate cuts, right?

Because if you have resilient consumer spending and interest rates are about to fall,

that's going to give a boost to a lot of retailers.

I think it's important for people to understand us having Best Buy, TjX, Stanley, and Home Depot.

That's because we have been playing the rate cut. And those who haven't are going to come in

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