My mission is simple, to make you money.

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

There's always a homework in summer,

and I promise to help you find it.

Man money starts now.

Hey, I'm Kramer.

Welcome to Mad Money.

Welcome to Cray America, other people, my friends.

I'm just trying to save you a little money.

My job is not just entertained, but explain how days like today can come and just crush your

portfolio.

So call me at 1,800, 743 C.M.C. or tweet me at Jim Kramer.

If a company, after a company were going bankrupt with massive layoffs,

if banks were failing all over the place, if I had an appointment were rising from 5%

and 6%... If you couldn't get a job, yeah, then the Fed should be cutting rates.

Right now we got plentiful business formation, the banks are doing fine, unemployment rates still under four.

That's why the Fed decision to stand Pat today is so joyously, I think, predictable.

Nobody should have been surprised by this, yet the Dow lost 317 points,

S&P plunged 1.6%, and the Aztec plummeted at 2.23%. People pull themselves into a level of unjustified

euphoria about everything, including the Fed, and it is time to take a breath and accept

that in the year 2024 stocks can indeed go down.

Now I have to go frown on it's a site called Draft Case, the betting thing.

...