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Mad Money w/ Jim Cramer

Mad Money w/Jim Cramer 08/14/19

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 14 August 2019

⏱️ 44 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 promised to help you find it.

0:12.0

Man money starts now!

0:20.0

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

0:24.0

I'll be one of my friends. I'm just trying to save you some money.

0:26.0

My job is not just to entertain, but also to educate and teach you about days like today.

0:30.0

So call me at 1-800-743-CBC or tweet me at Jim Kramer.

0:34.0

How do you get your head around a day like today?

0:38.0

Dow plunge another 800 points, S&P down 2.93%.

0:42.0

Now that's not even worse.

0:44.0

Off 3.02%.

0:46.0

Well, it's all about the bizarre action,

0:50.0

or at least a symptom, perhaps, of the bond market.

0:52.0

And you've got to remember that the bond market is a lot larger than the stock market.

0:56.0

Even though unemployment is at its lowest level in 50 years,

1:00.0

something disconcerting has happened with bonds.

1:02.0

Earlier today, the Benchmore 10-year Treasury had a lower yield than the two-year.

1:06.0

That's a highly unusual setup. We haven't seen it since, yes,

1:10.0

the eve of the Great Recession of 2007.

1:12.0

And we have memories.

1:14.0

The only 30-year Treasury has fallen to record lows.

...

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