Mad Money w/Jim Cramer 08/07/19

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 7 August 2019

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

CNBC's Mad Money with Jim Cramer.

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 bull market somewhere and I'm proudest to help you find it.
0:12.0	Man money starts now!
0:16.0	Hey, I'm Crammer.
0:18.0	Welcome to Man Money. Welcome to Crammer, America.
0:20.0	Other people are my friends, I'm just trying to make you some money.
0:23.0	My job is not just to entertain but to educate Teach, putting context, call me at 1-100-7-4-3-CBC.
0:29.0	Or tweet me, at Jim Crammer.
0:31.0	Down with the tyranny of the tenure!
0:35.0	We got to stop obsessing about the seemingly terrifying declines in Treasury yields!
0:43.0	Today's session was typical. The yield in the tenure got hammered before the market opened so the averages didn't, therefore got hammered too.
0:49.0	Even as I did my best to protest that one I was once quok on the street.
0:53.0	Then as Treasury yields bounce back, stocks did too.
0:55.0	With the Dow closing down, just 22 points, and it'd been down as much as 589.
0:59.0	S&B up 0.08% nice recovery from being down really.
1:03.0	2% and the NASDAQ also up 0.38%.
1:05.0	It could be down about 1.7%.
1:07.0	You know what I'm calling this?
1:09.0	Today, I'm calling a huge win for the goals.
1:13.0	Normally when you see this kind of wild action in bonds, yields nose diving.
1:17.0	The mission recession is right around the corner.
	...

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