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Mad Money w/ Jim Cramer

Former CFTC Chair Timothy Massad, Reviewing 1H EV Sales & Legislation Winners 7/10/23

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 10 July 2023

⏱️ 45 minutes

🧾️ Download transcript

Summary

All three major averages closed higher, snapping a three-day losing streak, and Jim Cramer is helping investors kick off the week by breaking down the action. First, Cramer's getting a read on crypto with former CFTC Chair Timothy Massad in a conversation about regulation, token and security delineation and more. Then, what EV makers are ready to rev higher? Cramer's helping you ride shotgun to a rally by recapping EV sales so far this year. Plus, Cramer digs into recent federal funding legislation and seeing what it means for certain industries. Mad Money Disclaimer

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 market somewhere,

0:10.0

and I promise 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.

0:20.0

I've got Bill McFriends.

0:21.0

I'm just trying to make a little money.

0:23.0

Hi, John.

0:24.0

I just entertain you, but the edge gates teach.

0:26.0

So call me at 1-800-743-CBC or Tweet Me.

0:29.0

I'm Kramer.

0:30.0

Wall Street's endless confidence in the people's Republic of China

0:34.0

never seems to stop, no matter how disappointing the growth numbers we see out of the Chinese economy.

0:41.0

And they are plenty disappointing.

0:44.0

People keep wanting to buy American stocks that are seen as having major Chinese in exposure.

0:49.0

And that includes days like today where the Dow gained 210 points,

0:52.0

that's to be advanced, 0.24%, Nasdaq, edged up 0.18%.

0:56.0

For decades, decades, China did have a tremendous scorching economy.

1:02.0

That is going to be too much for some kind of life.

...

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