Hey, I'm Kramer.

Hey, I'm Kramer.

Welcome to Mab Money.

Welcome to Kramer.

I'm just trying to make a little bit of money.

My job is not just to entertain you, but to educate and teach you.

So call me at 1-800-743-C-fee-sleepe me at Chim Kramer.

On Wall Street, we've all been conditioned to believe that good news is bad news and vice versa.

If the economy's too strong, we can expect the Federal Reserve will raise the interest rates,

bad for growth, and if economies weak enough, the federal cut rates, good for growth,

and the stock market.

But sometimes bad news really is bad news.

Like the very weak employment numbers we saw this very morning,

something that shows the economy is producing far fewer jobs than expected.

Like many others, I was rooting for a weak labor report in hopes of lower rates,

which usually means higher stock prices.

Unfortunately, we got something so weak. I didn't want that. It feels like even lower rates won't usually means higher stock prices. Unfortunately, we got something so weak.

I didn't want that that it feels like even lower rates won't resuscitate things, which is why

the Dow went up initially with them. When people looked at the numbers, they realized they weren't

so good. And it lost 220 points, SB shed 0.32%. And the NASDAQa declined 0.03%. And that's what happened today when we discovered that this gigantic economy is simply not

creating jobs in any meaningful quantity. And the Fed may not be able to stem the tide with just

a quarter point cut, which is what's expected. If that's true, then corporate earnings may

...