Crowdstrike CEO, A Closer Look At Tether & Former CFTC Chairman Timothy Massad

Mad Money w/ Jim Cramer

CNBC

Investing, Business, News

4.3 • 4K Ratings

🗓️ 9 June 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Dow sunk 153 points today and Jim Cramer is digging into what drove the action on the tape. Then, as cryptocurrency rises in popularity, Cramer's breaking down the third largest crypto, Tether, to see how it differs from others and how investors should approach this name in the volatile crypto space. Next, former Chairman of the Commodity Futures Trading Commission Timothy Massad checks in to break down the crypto confusion even further. Plus, Crowdstrike CEO George Kurtz. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	My mission is simple to make you money.
0:05.0	I'm here to level the playing field for all investors.
0:08.0	There's always a more work in summer
0:10.0	and I promised to help you find it.
0:12.0	Man money starts now.
0:16.0	Hey, I'm Crainer.
0:18.0	Welcome to Man Money.
0:19.0	Welcome to Crainer America.
0:20.0	I'll be willing to make friends just trying to make some money.
0:22.0	My job is not just to entertain you,
0:24.0	but to educate and teach you so call me at 1-800-743-CMC
0:27.0	or tweet me at Jim Crainer.
0:29.0	Believe it or not, prudence is virtue.
0:32.0	I can't be five to say that on a financial television show.
0:36.0	But lately, the concept of prudence is under attack.
0:42.0	Including on a today's day like today,
0:44.0	Dow, DIP, 153.
0:46.0	What the S&P just backslip.18% in that decade is just damn 0.09%.
0:50.0	Yet, tonight, we need to talk about why being prudent
0:54.0	with your money is a virtue, not a vice.
0:57.0	I wish I didn't have to be the adult in the proverbial room,
1:00.0	but this is what the investment world has now come to.
	...

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