My mission is simple to make you money.

I'm here to level the playing field for all investors.

There's always a more work at Summer, and I promised to help you find it.

The man money starts now!

Hey, I'm Kraemer! Welcome to Mad Money! Welcome to Kraemer,

and coming to you from San Francisco, the epicenter of the hardest and portion of the stock market today.

Other than being one to make friends, I'm just trying to save you some money.

My job is not just to entertain, but to educate, teach, put it in context.

So call me at 1-800-7-3-CBC, or tweet me, act, Jim Kraemer.

Is this the new normal?

Today was the worst day for the average since December 24th, with the Dow plunging 617 points!

The S&P plummeting 2.41% and the NASDAQ knows diving 3.41!

Oh my! Shelf, self, self!

Well, of course, after the Chinese retaliated from the President Trump's tariff hikes from last Friday.

So we have to ask, is this how the market reacts to an escalation in the trade war?

I mean, you better strap yourself in, because I expect to see tariffs on the other $300 billion with the merchandise that we import from China.

President Trump doesn't care about doing business with the peoples from public,

and I think he's going to punish anyone who tries until they agree to a deal, which probably will happen down the road.

Nothing soon.

Now, it's an astonishing proposition to think about it.

China is a huge trading partner, but the President believes the trade war hurts them more than it hurts us.

And in his view, the damage will be contained to a small number of companies, like in the Dow, to be ABC, Apple Boeing and Caterpillar.

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