4.4 • 3.9K Ratings
🗓️ 20 May 2025
⏱️ 44 minutes
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0:00.0 | Hey, I'm Kramer. |
0:25.3 | Welcome to MADMoney. |
0:26.5 | Welcome to Kramer. |
0:27.9 | I'm doing my friends. |
0:29.0 | I'm just trying to save you little money. |
0:30.9 | My job is not just to entertain, but to explain how days like today happens. |
0:34.7 | So call me at 1-800-743 CnBC or tweet me at Jim Kramer. |
0:39.1 | Every day around here, we have a referendum on stocks, and you can't let it get you down, |
0:44.5 | because tomorrow's vote can always be different from today's. |
0:48.2 | Yep, the voting booth never closed around here, so you get days where the bears turn out in droves. |
0:53.8 | Dow's shedding, 115 points. |
0:55.2 | That's to be dipping 0.39% and NASDAQ losing 0.38%. |
0:58.1 | Why is it like this? |
0:59.4 | Why does stocks even gyrate so wildly when nothing's really happening? |
1:03.1 | Well, the answer is a mischievous one. |
1:05.2 | On most days, stocks react to other stocks or the overall stock market. |
1:08.7 | And the market itself tends to react to the |
1:10.8 | gyrations of its much larger sibling, the bond market. The bond market certainly |
1:17.8 | colored today's stock market, which reacted negatively to every tick down in bond prices, |
1:22.6 | because lower bond prices mean higher interest rates. When rates go higher, the bears almost |
1:26.9 | always win the daily |
1:28.5 | election. Take the stock of Home Depot, which reported this morning, that's somebody, we all know |
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