Mad Money w/Jim Cramer - 6/8/22
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 8 June 2022
⏱️ 46 minutes
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| 0:00.0 | CNBC's Workforce Executive Council is a premier group of C-suite human resources |
| 0:05.9 | executives from leading companies across the country. It offers a members-only |
| 0:11.0 | portal and chat plus exclusive industry content with access to breaking news |
| 0:16.0 | calls and digital networking experiences. The network and resources HR leaders |
| 0:21.6 | need now. Apply to the Workforce Executive Council at CNBCCouncils.com slash |
| 0:28.4 | WEC. |
| 0:30.4 | My mission is simple to make you money. I'm here to level the playing field for all |
| 0:37.3 | investors. There's always a more work at Summer and I promised to help you find |
| 0:42.0 | it. Man money starts now. |
| 0:52.2 | Hey I'm Kramer. Welcome to a special West Coast edition of Bad Money. Welcome to |
| 0:58.2 | Kramer. I've got a few one of my friends. I'm just trying to make you some money. My |
| 1:03.3 | job is not just to entertain but to educate, put it in context. Call me at 1 817-3 |
| 1:07.6 | CNBC or tweet me at your Kramer. We don't talk too much about stagflation. |
| 1:14.2 | Basically because it's a curse word in this business. Stagflation means we have |
| 1:18.9 | an economic slowdown while inflation is still raging. Oh man the Jimmy Carter |
| 1:23.0 | cocktail. A combination is so toxic for the stock market that people will |
| 1:27.7 | pretty much sell sell sell sell sell sell everything. And that's what we saw |
| 1:31.8 | today is that Dow shed 269 points. S&B lost 1.0% 8% and the Nasdaq dropped |
| 1:37.4 | 0.7% 3%. Now personally, personally I don't believe that we're in for a |
| 1:42.7 | bad stagflation. I see an economy that just got too hot and is now cooling |
| 1:46.4 | off which is just what the doctor ordered. The doctor being Fedsheep J. Pat. But |
| 1:51.0 | today was an out of thesis day for me meaning what I wanted to happen and what |
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