Market Breakdown, What the Impeachment Vote Means For Your Money, and FedEx’s Disappointing Earnings

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 19 December 2019

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Dow closed down today 28 points and Jim Cramer’s looking at today’s action and updating you on what the impeachment vote means for your money. Then, Cramer’s breaking down how the markets moved in 1998 and 1999 when former President Bill Clinton was impeached and how curtained stocks fared while everyone watched what was going on in Washington. And, huddle up- Cramer’s digging into FedEx’s disappointing earnings call today and what’s in store for the stock going forward.

Transcript

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0:00.0	My mission is simple to make you money.
0:03.2	I'm here to level the playing field for all investors.
0:06.9	There's always a more market somewhere and I promise to help you find it.
0:11.3	Man money starts now.
0:13.3	Hey, I'm Kramer.
0:16.7	Welcome to Man of Money.
0:17.9	Welcome to Kramerica.
0:18.9	I would be wanting to make friends.
0:20.6	I'm just trying to make some money.
0:22.2	My job is not to entertain but educate tissue and boy put it in context.
0:26.0	So call me at 1-800-743-CBC or tweet me at Jim Kramer.
0:31.2	Even as the House of Representatives debates the impeachment of the President.
0:35.0	This talk market seems like it couldn't care less.
0:38.5	To live?
0:40.0	Maybe not.
0:41.0	Live enough.
0:42.0	See the average is barely budgeted today.
0:43.8	The Dow did snap that five day winning streak to close down 28 points.
0:51.0	The SB backslid 0.04% and that's actually advanced 0.05%.
0:55.9	But while most of the country is spellbound by the prospect of the House impeaching President
1:00.4	Trump, the impact on the market was minimal.
1:03.4	Why?
	...

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