Hey, I'm Kramer.

Hey, I'm Kramer.

Welcome to Mab Money. Welcome to Kramer.

I got it to do my friends.

Hey, look, I'm just trying to make a little bit of money here.

My job is just entertained to put it in context.

Call me 1-800-743 CBC.

Tweet me at Jim Kramer.

The greatest story you ever told, lower inflation, high growth, got thrown for a loop today.

And it crossed the average.

Dow tumbling 785 points.

S&P plunging 0.56%.

And that's that declining 0.26.

It's easy to see how this happened, though.

Earlier this week, Wall Street figured the war with Iran wouldn't do too much economic damage, but today the price of West Texas crew shot up above $80 again, reaching the low

80s. Now, it did settle back in the high 70s, but this kind of action has been starting to get,

it's just too hard for people. And they're selling, even though I'm telling you, you shouldn't. Stay in.

Making things worse, a key leadership group, the semi-conductors got kneecap today.

See, with the exception of China, our government mostly has a no-borders policy for our best chips.

They can be sold anywhere.

But today we heard rumors that the government wants to interject itself into all the foreign semiconductor sales.

They want to gate us.

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