My mission is simple, to make you money.

I'm here to level the playing field for all investors.

There's always a home market somewhere, and I promise to help you find it.

MabMoney starts now.

Hey, I'm Kramer. Welcome to MabMoney.

Welcome to Kramer. Other people make friends, I'm just trying. Welcome to Mab Money. Welcome to Kramer.

Other people make friends, I'm just trying to save you some money.

My job is not just to entertain you, but to educate you, get you through some of these tough days.

Call me at 1807.7.3 CnBC tweet, Mitch, Kramer.

Bull markets can be killed by business conditions or interest rates or geopolitical turmoil.

But the thing that most easily leads them to the slaughterhouse is in excess of new supply.

Too many new shares, not enough buyers.

Like any market, when supply outstrips demand, prices go right down as buyers get overwhelmed and they go home.

So when I read today that Anthropic is picking brokers to come public at the same time that Alphabet just placed a gigantic slug of stock right on top of the pending SpaceX IPO next week, I get concerned that stock supply will indeed overwhelm investor demand.

Plus, there's plenty of talk about open AI doing an IPO, right on top of the others.

You know what?

I think that's maybe the major reason why the Dow lost 621 points today.

The SMB shed 0.74%.

And the NASDAQ dropped 0.89%. It was a very ugly session. Listen, I don't blame any of these companies for wanting to raise money. In fact, if I were their competitors, say Amazon or Microsoft, I'd probably want to raise some money too, if only to stay competitive, although I should add neither company is communicated that they might issue stock. As Chuck Robbins, the CEO of Cisco, told us last night, these companies have no

choice. It's existential. They need to build out their footprint. They need the compute, or else they

might wither on the vine and certainly get beat by the others. So they have to raise money just to get

the job done or else.

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