Goldman Sachs CEO, Campbell Soup Company CEO & Secretary Of The Navy 11/10/22
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 11 November 2022
⏱️ 45 minutes
🧾️ Download transcript
Summary
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. |
| 0:14.0 | Hey, I'm Kramer. |
| 0:24.0 | Welcome to Man Money. |
| 0:25.0 | Welcome to Kramer, Erica. |
| 0:26.0 | I'll be one of my friends. |
| 0:28.0 | I'm just trying to make you some money. |
| 0:30.0 | My job is not just to entertain, |
| 0:32.0 | but to educate, teach, and explain you why days like today can happen. |
| 0:36.0 | So call me at 1-800-743-CBC or tweet me at you, camera. |
| 0:40.0 | Turns out, get this. |
| 0:42.0 | Turns out inflation was all about logistics. |
| 0:46.0 | We caught a real break today with a much lower than expected consumer price index number. |
| 0:51.0 | And a huge part of that came down to how much it cost to get goods |
| 0:55.0 | to the consumer from here to here. |
| 0:59.0 | And that's how the Dow skyrocket 1,201 points. |
| 1:02.0 | SME served 5.5%, and then NASDAQ roared 7.35%. |
| 1:09.0 | Because lower inflation means the Fed won't need the raise interest rates |
| 1:13.0 | as aggressively as it may have thought it needed to. |
... |
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