4.4 • 3.9K Ratings
🗓️ 11 July 2024
⏱️ 26 minutes
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0:00.0 | My mission is simple, to make you money. I'm here to level the playing field for all investors. |
0:08.0 | There's always a homework somewhere, and I promise to help you find it. Mad Money starts now. |
0:15.0 | Hey on Kramer, welcome to a special shortened edition of Mad Money. |
0:24.0 | Welcome to Kramer. |
0:25.0 | I'm just trying to make little money. |
0:27.0 | My job, not just to educate, but to teach, so call me at 1-807. |
0:30.0 | C.M. |
0:31.0 | C.M.C. of course, tweet me at Jim Kramer. |
0:33.0 | C.M.C. will be bringing you live coverage of President Biden's press |
0:36.4 | conference at 630. But first, what do you do when the House of Pleasure? |
0:42.4 | House of Pleasure. becomes the House of Pleasure becomes the House of Pain? |
0:45.0 | What do you do when the House of Pain? |
0:49.0 | Change to a much better address. |
0:51.0 | Moving right next door to the Bull statue on Wall Street. |
0:55.0 | That's exactly what happened today in this stock market. |
0:59.0 | When investors abandoned tech, and when I say abandoned, I mean people fled from the group like rats from a sinking ship it was |
1:06.1 | Titanic they took their money and went all in on the small and medium-sized companies we |
1:11.6 | called the Russell 2000 because we got a much softer |
1:14.6 | than expected consumer price index, a number that shows inflation is effectively beaten, |
1:19.2 | and interest rates are coming down. And that changes the whole backdrop. |
1:26.0 | It's why the Dow ended up 32 points. |
1:28.0 | S&P lost 0.88% and the NASDAQ home of the trillion dollar tax plummeted a staggering 1.95% |
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