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 promise to help you find it.

Man money starts now!

Hey, I'm Kramer!

Welcome to Man Money. Welcome to Kramer.

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

My job is just to entertain, but to educate, teach you, put this kind of day in context, call me.

1-800-743-CMEC, or tweet me at Jim Kramer.

Listen to me. The market deserves to get hit today!

When the purchasing manager's index measures the strength of manufacturing,

slips to its lowest level since 2009,

everybody's gonna freak out!

They're worried about a recession, which is why the Dow lost 344 points.

S&P fell 1.23%, and the Nasdaq dropped 1.13%.

Now it's been a little less week telling you this market was due for this beatdown.

But I also told you that I don't believe we're headed into a recession.

I am standing by that position.

But the recession thesis became more compelling today, and you need to get your head around it

if you want to understand this market.

Let me lay it all out for you.

One place.

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