Ford CEO, Hormel CEO, MP Materials CEO & Cramer’s Lesson In Pain

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 10 December 2021

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Dow closed flat with the S&P and Nasdaq both taking losses and Jim Cramer is ex-plane-ing what’s going on with Boeing and how investors should handle pain in the market. Next, Hormel CEO Jim Snee gives details on the latest quarter from the company behind Spam, Planters and Skippy. Then, CEO of Ford Jim Farley talked to Cramer as a part of the inaugural CNBC Investing Club event today and Cramer's recapping the highlights. Plus, fresh off news of a deal with GM, MP Materials CEO James Litinsky shares where the largest producer of rare earth materials is headed long term. Finally, Cramer opens the door and checks out what’s really going on inside the housing market. 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	CNBC's Workforce Executive Council is a premier group of C-suite human resources
0:06.0	executives from leading companies across the country. It offers a members-only
0:11.0	portal and chat plus exclusive industry content with access to breaking news
0:16.0	calls and digital networking experiences. The network and resources HR
0:21.0	leaders need now. Apply to the Workforce Executive Council at CNBCCouncils.com
0:28.0	slash WEC.
0:58.0	Let's talk about pain.
1:04.0	The House of Pain.
1:06.0	Raw nasty pain. Not the kind that stops with icy hot ass cream or even a morphine
1:11.0	trip. That's just physical pain. I am talking about the kind of agony you don't
1:16.0	get over. The pain of getting things wrong in the stock market.
1:22.0	This is something that happens every day.
1:24.0	Including this one, Dow Flat, SMB Drop, which is 72%.
1:28.0	Nasdaq knows that. 1.7 numbers it. But you don't care when it happens to the other
1:33.0	guy. You don't care when it happens to you.
1:36.0	And I don't blame you.
1:38.0	Today we convened our first CBC Investing Club meeting.
1:42.0	Oh, I got to so much fun. We're pretty much bare at all. And I got to speak to a special woman
1:46.0	who happens to live in my daughter's old stopping grounds of talent organ.
1:50.0	She asked me about the stock of Boeing.
1:54.0	Have you ever noticed how nobody's ever stumped on TV?
1:58.0	They've already got some glib answer. And you know what? I'm the last person who
	...

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