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Mad Money w/ Jim Cramer

Mad Money w/ Jim Cramer 12/3/25

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.43.9K Ratings

🗓️ 4 December 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

Listen to Jim Cramer’s personal guide through the confusing jungle of Wall Street investing, navigating through opportunities and pitfalls with one goal in mind - to help you make money. Mad Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, I'm Kramer.

0:24.7

Welcome to Mad Money. Welcome to Kramer, Erica.

0:26.8

Other people are my friends. Hey, I'm just trying to make a little bit of money here.

0:29.5

My job is not just entertained, but to educate, to teach you, call me, 1-800-743-C-M-Bccccccweetme, Jim Kramer.

0:35.8

Okay, we keep hearing about the overstretched consumer and the chilly job market.

0:41.4

Now, based on this endless drumbeat of negative news, shouldn't the stock market, by all measures and means, be way down?

0:51.3

Just today, we got some ugly data points.

0:53.5

The ADP National Employment report was downright hideous, showing private employers shed 32,000 jobs in November.

1:00.0

Obviously, disappointing.

1:00.8

That bolster was looking for 40,000 new jobs.

1:03.2

Initially, it pumbled the averages before a late morning rebound that transformed into an out-and-out rally.

1:08.4

Dow finishing up 408 points as a beginning 0.30%

1:12.3

NASDAQ advancing 0.17%. Odd, right? How can that happen? And when you check under the hood of this

1:18.0

ADP data, it's even worse. ADP's chief economist Nella Richardson stuck a dagger into the growth

1:23.8

economy narrative with her commentary. Listen to this. Quote, hiring has been

1:28.1

choppy of latest employers' weather-cautious consumers and an uncertain macroeconomic environment,

1:33.5

and while November's slowdown was based, it was led by pullback among small businesses.

1:39.1

Okay, I know economists, but I know the job market. Small businesses, not large businesses,

1:43.2

are the backbone of the American economy. Small businesses, not large businesses, are the backbone of the

1:44.8

American economy. Large businesses lay off people to increase profits. Small businesses hire

1:50.4

so they're getting spanned. See, the ADP numbers are assigned a real economic weakness. You think

1:56.0

that's a bad thing for the stock market, right? Wrong. Let me show you why numbers like the ADP's SADSACTALI actually paved the way for what could be

...

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