FTX CEO, Dr. Eric Topol, And The Pharma Breakups

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 21 December 2021

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow, S&P and Nasdaq all closed down more than 1% and Jim Cramer is explaining why he's telling investors to keep calm and carry on. Then, the omicron variant is already breaking daily case records in some areas and Dr. Eric Topol makes sense of the surge. Next, you’re probably used to watching Hallmark holiday love stories this time of year, but Cramer has 3 break up stories from three of the biggest pharmaceutical names that you should have your eye on too. Finally, cryptocurrency made its mark in 2021, but what’s in store for 2022? Founder and CEO of cryptocurrency and asset exchange FTX Sam Bankman-Fried shares what he's seeing. 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.
0:04.0	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	A big one to my friends.
0:21.0	I'm just trying to make you a little money.
0:23.0	My job is not just to entertain the dedicated teachers,
0:25.0	put this one in perspective.
0:26.0	So call me at 1-107-4-3-CBC
0:28.0	or tweet me at Jim Kramer.
0:30.0	The market got GEC today!
0:32.0	Dow plumbed many 4-33 points,
0:34.0	S&P plunging 1-point-1-point-1-point-1-point-1-point-1-point-1-point-1-point-1-point-1-point-1-point-1-point-2-4%
0:39.0	But given the COVID surge
0:43.0	and the collapse of President Biden's huge build-backed Venerable,
0:46.0	I think it's marvel we didn't take even more of a beating.
0:51.0	And we were able to come back rather convincingly from the mid-day lows.
0:55.0	The oddly-named build-backed better build could have given the economy some much needed stimulus.
	...

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