Mad Money w/ Jim Cramer 10/4/24
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 4 October 2024
⏱️ 44 minutes
🧾️ Download transcript
Summary
Transcript
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| 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 homework somewhere, |
| 0:10.0 | and I promise to help you find it. |
| 0:12.0 | Man money starts now. |
| 0:17.0 | Hey, I'm Kramer. |
| 0:18.0 | Welcome to Mad Money. |
| 0:20.0 | Welcome to Cray America. |
| 0:21.0 | I'm just trying to make you little money. My job is not just |
| 0:24.4 | entertaining but to educate to teach you. So call me at 1-800 743 C. |
| 0:28.8 | C. M. C. C. C. C. C. C. C. M. C. M. C. M. M. Yeah, Jim Kramer. Good news today? Turned out to be, well, good news when the Labor Department's |
| 0:36.2 | non-farm payroll report showed a huge job gain in September. Far more than expected, costing |
| 0:42.0 | interest rates to rise dramatically and yet the stock averages |
| 0:45.3 | roared anyway. |
| 0:47.3 | Bye bye bye! |
| 0:48.3 | That's right even though interest rates shot up dramatically in response to the incredible |
| 0:51.6 | job growth, the average |
| 0:53.2 | shocked us. |
| 0:56.1 | With the Dow getting 341 points, |
| 0:58.0 | he has to be climbing 0.90% in the NASDAQ jumping 1.22%. |
| 1:02.0 | For years, we've been taught that when bond yields go up, stocks go down. |
| 1:06.2 | But today was the exception of the rule. |
... |
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