Mad Money w/ Jim Cramer 2/5/24
Mad Money w/ Jim Cramer
CNBC
4.4 • 3.9K Ratings
🗓️ 6 February 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 | Mad money starts now. |
| 0:14.0 | Hey, I'm Kramer. |
| 0:18.0 | Welcome to Mad Money. |
| 0:19.0 | Welcome to Cray America. |
| 0:20.0 | People make friends. |
| 0:21.0 | I'm trying to make little money. |
| 0:22.0 | My job is not just |
| 0:22.8 | entertained but to educate teachers. Call me. |
| 0:24.7 | 1-8073 CBC. Tweet me at your grammar. |
| 0:27.7 | On the one hand, the consumer has no problem buying a $3,500 vision pro from Apple. On the other hand, the consumer can't afford a big |
| 0:34.4 | map with fries and a diet coat from McDonald's. On the one hand, the consumer is willing |
| 0:38.4 | to sell out $34.99 for the vital version of the Tortured Poets Department by Taylor Swift. |
| 0:45.0 | But the consumer is also struggling to pay $1.25 the core price tag of something bought at Dollar Tree. |
| 0:52.0 | How is it possible? And how does it impact our |
| 0:55.2 | markets on a day like today where the Dow lost 274 points? |
| 0:58.1 | SOP declined.32% and Nasek dipped 0.20%, although I have to tell you at one point mid-morning around 10 30 we were down so much more. |
| 1:06.3 | The answer frankly is pretty stark. |
| 1:08.8 | It's not one consumer. |
... |
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