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Mad Money w/ Jim Cramer

Mad Money w/ Jim Cramer 08/08/19

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 8 August 2019

⏱️ 45 minutes

🧾️ Download transcript

Summary

CNBC's Mad Money with Jim Cramer.

Transcript

Click on a timestamp to play from that location

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 more work at Summer and I promise to help you find it.

0:12.0

Man money starts now!

0:16.0

Hey, I'm Kramer!

0:18.0

Welcome to Man Money. Welcome to Kramerica.

0:20.0

You will want to make friends. I'm just trying to make you some money.

0:22.0

My job is not just to entertain but to educate, teach, so call me at 1-800-743-CBC or

0:28.0

tweet me at Kramer. Now that the dust has settled and the averages are re-battered like crazy.

0:34.0

Downgating 371 points, that's supposed to be searching 1.8% and now that's that

0:38.0

poll voting 2.24%. Well, it is very clear to me, I hope it's clear to you

0:42.0

that selling into the teeth of the sell-off earlier this week was a big mistake!

0:46.0

I said so at the time. I'm saying it again because it is that

0:52.0

imporant! In fact, tonight I want to go one step further and immunize you against

0:56.0

the false fears. That's right, false fears that cause so many people to panic

1:02.0

over the past few days.

1:04.0

I have to go back to history. I think it was an FDR moment, frankly.

1:08.0

They really had the only thing that had the fear of the fear of the fear itself.

1:11.0

Because so many of these worries were totally

1:14.0

groundless. Those fears set up a situation we haven't seen since the

1:18.0

many bear market bottoms in December. We got a very high level of negativity back then

1:23.0

as recorded by the investors in television's headman index. It showed a dramatic drop in

...

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