Mad Money w/ Jim Cramer 10/02/19

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 2 October 2019

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow plunged 494 points today, and Jim Cramer is easing your fears and putting the decline into context. Then, in a sea of red, there was a glimmer of green in Paychex. Cramer’s checking in with the CEO to make sense of the company’s earnings and what he’s seeing in the employment landscape. Plus, yesterday Charles Schwab announced the elimination of commissions and the brokerage houses got hit hard. Cramer’s breaking down what the future looks like for the brokerage firms and what you should make of the move to commission-free trading. And, what's special about McCormick’s recent quarter? Cramer’s sharing the real reason behind the stock’s recent strong performance.

Transcript

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0:00.0	My mission is simple to make you money.
0:05.0	I'm here to level the playing field for all investors.
0:08.0	There's always a bull market somewhere,
0:10.0	and I promised to help you find it.
0:12.0	The man money starts now!
0:17.0	Hey, I'm Kramer.
0:18.0	Welcome to the man money.
0:19.0	Welcome to Kramer America.
0:20.0	I would be one of my friends.
0:21.0	I'm just trying to save you some money.
0:23.0	My job is not just to entertain,
0:25.0	but to educate,
0:26.0	teach, and put a daily today in a context of calling me.
0:29.0	At 1-800-7-3-7-3-0,
0:31.0	or tweet me at jimma kramer.
0:32.0	Okay, listen to me,
0:33.0	I don't want you to panic!
0:36.0	Don't buy the prevailing air
0:39.0	that things were looking up for the economy,
0:41.0	then suddenly we got some negative data points
0:44.0	to change everything,
0:45.0	and made a recession a whole lot more likely.
	...

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