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Mad Money w/ Jim Cramer

Dow Rises 12 Points, House Speaker Nancy Pelosi, Smuckers CEO and Shopify COO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 4 June 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

The Dow climbed 12 points, with the S&P and NASDAQ sliding into the red at the close, and Jim Cramer is breaking down what today's moves mean for your money. Then, House Speaker Nancy Pelosi joins Cramer for a candid discussion on the continuing COVID-19 crisis, civil unrest and what they mean for businesses across America. Then, pantry play Smuckers' earnings exceeded expectations, but cautionary full-year guidance sent the stock down, and CEO Mark Smucker talks to Cramer about where the company is headed. Also, how is online retail faring as quarantine comes to an end? Cramer checks in with Shopify COO Harley Finkelstein to find out more about the company's impressive quarter and where it's headed.

Transcript

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0:00.0

My mission is simple to make you money.

0:04.0

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.

0:17.0

Hey, I'm Kramer.

0:18.0

Welcome to Man Money.

0:19.0

Welcome to Kramer, America.

0:20.0

I've been wanting to make friends.

0:22.0

I'm just trying to make you some money.

0:24.0

My job is just to entertain, but to educate and teach

0:26.0

you putting contacts.

0:27.0

So call me at 1-800-743-CBC or Tweet the Atchhip Camer.

0:31.0

Are we really returning to normalcy here?

0:35.0

Despite the 21.5 million people collecting unemployment benefits,

0:39.0

is this the fabled V-shaped recovery that so many people were hoping for?

0:45.0

Well, that's what the market's saying.

0:48.0

Even if the average didn't do much say,

0:50.0

Dow lynching up 12 points to climb,

0:52.0

that's to be climbing 0.34%.

0:54.0

Now, is that a losing 0.69%.

0:56.0

See, that's the problem.

...

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