Mad Money w/Jim Cramer 12/19/18
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 20 December 2018
⏱️ 45 minutes
🧾️ Download transcript
Summary
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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. |
| 0:08.4 | There's always a more work at Summer and I promised to help you find it. |
| 0:12.6 | Man money starts now. |
| 0:14.5 | Hey, I'm Kramer. |
| 0:19.0 | Welcome to Man Money. |
| 0:20.0 | Welcome to Kramer, America. |
| 0:21.0 | If you want to make friends, I'm just trying to preserve some capital. |
| 0:24.9 | My job is not just to entertain but to educate Teach put it this one in context. |
| 0:28.2 | So call me at 1-800-743-743 or tweet me at Jim Kramer. |
| 0:32.4 | Now look, if you're buying stocks, you're just need to know your fight in the Fed. |
| 0:36.9 | And that's not a fight many people can win. |
| 0:39.4 | It's as simple as that, which is why the stock got sand today down plunging three or |
| 0:43.1 | five points. |
| 0:44.1 | One point was down 500, like I said it will be. |
| 0:46.0 | The S&P plummeting 1.5% 4% now is diagnosed diving 2.17%. |
| 0:51.9 | That chairman Jay Powell simply doesn't care about appeasing investors in the stock market. |
| 0:55.9 | He doesn't think it's his job. |
| 0:57.5 | I get that. |
| 0:58.5 | He wants to slow down the economy so he can avoid having a lot of inflation. |
| 1:02.4 | I sat there like many of you and I listened to how Powell talked today in the press conference. |
| 1:07.2 | He made a crystal clear that we need more rate hikes, at least two more. |
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