4.4 • 3.9K Ratings
🗓️ 8 October 2021
⏱️ 45 minutes
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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 at 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 Kramer. |
0:18.0 | Welcome to Man Money. Welcome to Kramer, America. |
0:20.0 | I'll be with my friends. I'm just trying to make you some money. |
0:23.0 | My job is not to stay in your kingdom, but to educate and teach you so call me. |
0:26.0 | At 1-800-7-43-CMC, or tweet me at Jim Kramer. |
0:30.0 | Not sure what to do. |
0:32.0 | How about doing nothing? |
0:35.0 | Unfortunately, people cannot resist doing nothing. |
0:37.0 | So they trade, and they trade, and they trade, and they trade. |
0:39.0 | The same information does. Beating to a pulp. |
0:41.0 | That's how I felt about the reaction to today's discouraging non-farm payroll port, |
0:45.0 | where we had substantially fewer jobs created than we thought. |
0:48.0 | Even as the people who make these forecasts clearly had never heard of the Delta variant, |
0:52.0 | if they know we were going through a severe COVID outbreak, |
0:56.0 | where people would rather stay safe at home and go into work, |
0:59.0 | these week employment numbers shouldn't have come as surprised to anyone. |
1:03.0 | And necessarily traders like to read this because it meant that Jay Powell has been given a pass, right? |
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