Mad Money w/Jim Cramer - 03/17/21
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 17 March 2021
⏱️ 43 minutes
🧾️ Download transcript
Summary
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 work at Summer |
| 0:09.0 | and I promised to help you find it. |
| 0:11.0 | Man money starts now. |
| 0:15.0 | Hey, I'm Kramer. |
| 0:17.0 | Welcome to Man Money. Welcome to Kramer, Erica. |
| 0:19.0 | I'll be one of my friends. I'm just trying to make you some money. |
| 0:21.0 | My job is not just entertaining, but the educate and teach you so call me at 1-800-743-CNBC. |
| 0:27.0 | Or tweet me at Jim Kramer. |
| 0:30.0 | Pay no attention to the inflation behind the curtain. |
| 0:35.0 | Yep, Fed Chief J. Powell took a page from the Wizard of Oz playbook today and unlike in the movie. |
| 0:41.0 | He was dead right. |
| 0:43.0 | I mean, that's really what triggered today's rally with the Dow jumping 180 on points. |
| 0:46.0 | New record? |
| 0:47.0 | S&B advancing 0.29% and then as that gaining 0.4% after being down more than a percent for most of the day. |
| 0:53.0 | Even though the economy is heating up, power insists he'll keep interest rates low through 2023. |
| 0:59.0 | Because it's a mistake to worry about inflation right now. |
| 1:02.0 | We've still got 6% unemployment. |
| 1:04.0 | There are bigger fish to fry. |
| 1:06.0 | Now, a lot of money managers take their cue from the bond market and bond investors simply refuse to believe the Fed should be or would be so accommodating. |
| 1:13.0 | These money managers, I'll tell you what they're doing. |
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