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Mad Money w/ Jim Cramer

Goodyear CEO, David Faber & Souring On Sweetgreen? 06/21/22

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 21 June 2022

⏱️ 44 minutes

🧾️ Download transcript

Summary

The Dow surged over 600 points, with the S&P and Nasdaq also rising, and Jim Cramer is bringing you up to speed on the market action that drove the indices higher. First, Goodyear CEO Richard Kramer joins CNBC's Cramer to talk about the company's latest innovations, supply chain and more. Then, Cramer's exclusive with CNBC’s David Faber on his new documentary, ExxonMobil At The Crossroads. Plus, Cramer explains the importance of price target cuts by using recent IPO Sweetgreen as a case study. 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.

0:07.0

There's always a more market summer,

0:09.0

and I've promised to help you find it.

0:11.0

Man money starts now.

0:19.0

Hey, I'm Kramer. Welcome to Man Money.

0:21.0

Welcome to Kramer. I'll be with my friends.

0:23.0

Just trying to make you a little money.

0:25.0

My job is not to entertain, but to educate and teach.

0:27.0

So call me at 1-800-7 for 3-CBC, or tweet me at Jim Kramer.

0:31.0

Maybe everything's still too high.

0:34.0

And that's what Fed Chief J. Powell's fighting in his war against inflation.

0:39.0

Every time I think prices for everything I've started to go lower,

0:42.0

including stock prices, like we saw last week when they plummeted,

0:45.0

we get a nice bounce!

0:47.0

Now getting 641 points.

0:49.0

That's gonna be jumping 2.45% and that's like pulling 2.5%.

0:53.0

Yep, it strikes me that the Fed still got a ton of work to do

0:57.0

if we're gonna get inflation under control and make no mistake.

1:01.0

That's the only way that this bear market truly comes to an end.

1:05.0

Now according to the great market story in Larry Williams,

1:08.0

the average bear market lasts roughly 180 days.

...

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