Hey, I'm Kramer.

Hey, I'm Kramer.

Welcome to MADMoney. Welcome to Kramer.

I'll be with my friends. I'm just trying to save your money.

My job, not just to entertain, but to put everything into context.

So call me, 1-800-743 CBC.

Tweet me at Jim Kramer.

When you've moved up as much as we have since the post-liberation day lows,

you better hope that earnings can justify that run. Today, though, the earnings came up short.

While there were many bright spots, there were enough negatives to offset any talk of a potential trade deal with China or the strength of the economic data or the continual parade of takeovers that would have been blocked by that previous administration. They wouldn't even thought about doing them.

And that's why the Dow lost 205 points. The S&P dip 0.3%.

And the NASDAQ to climb 0.38%.

In fact, on the eve of wait and see Fed meeting, there was enough negativity about some parts of the economy, especially the consumer, that you might wonder if J-PAL should simply do what the president wants and cut interest rates.

Only some strength and a handful of industrials and tax seem to cut in favor of standing pat today.

You know what, that might not be enough.

Let me start with the negatives because they are visible.

They matter and they cut President Trump's way.

Today, three very big household name companies reported jarring quarters.

They made me feel like the stock market's becoming divorced from some real problems out there,

problems that should have been obvious given all the tariff turmoil.

Consider the following from Carol Tomé,

CEO of United Parcel Service,

...