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Mad Money w/ Jim Cramer

Next Week’s Game Plan, Flexport CEO & Am I Diversified

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 18 June 2021

⏱️ 45 minutes

🧾️ Download transcript

Summary

The Dow fell 533 points today, finishing off its worst week of 2021, and Jim Cramer’s setting you up for next week with his Game Plan. Then, with transportation issues on the rise, Cramer’s talking to Flexport’s CEO to discuss how the company is helping their clients manage their global logistics. And, Cramer’s taking your calls in this week’s edition of Am I Diversified? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

My mission is simple to make you money.

0:04.0

I'm here to level the playing field for all investors.

0:07.0

There's always a bull market somewhere,

0:09.0

and I promise to help you find it.

0:11.0

Man money starts now.

0:14.0

Hey, I'm Kramer. Welcome to Man Money.

0:18.0

Welcome to Kramer, America.

0:19.0

I'll be one of my friends. Just try to keep you from losing a lot of money.

0:23.0

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

0:25.0

Put this like this in context. Call me 1-800-743-C.

0:29.0

Or tweet me at Jim Kramer.

0:31.0

In the stock market, and perhaps only in the stock market,

0:35.0

words speak louder than actions.

0:38.0

That's how it works when a regional Fed president can say some things about rate hikes on CBC,

0:42.0

and knock down the entire stock market without the help of a real rate hike.

0:48.0

The Dow telling 533 points, the S&P sinking 1.3%.

0:53.0

And then Azdaq?

0:55.0

I'm losing 0.92%. Get this 40 James board,

0:59.0

the St. Louis Fed president, came on air and said,

1:01.0

we could get hit with a rate hike as soon as late 2022.

1:05.0

Given the Fed Chief J. Powell just had told you not to worry until say late 23,

1:11.0

I can't be made anyone for a fairly surprise or spooked by Bowers comments.

...

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