Next Week’s Game Plan, L Brands Upgrades, & Am I Diversified
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 25 January 2020
⏱️ 45 minutes
🧾️ Download transcript
Summary
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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. |
| 0:08.0 | There's always a more work at Summer and I promise to help you find it. |
| 0:12.0 | Man money starts now! |
| 0:16.0 | Hey, I'm Kramer. Welcome to Man Money. Welcome to Kramer America. |
| 0:20.0 | I'd be one of my friends. I'm trying to save you some money. |
| 0:24.0 | Because my job is not just to entertain but to educate and put it all in perspective. Call me at 1-800-7-3-CBC. |
| 0:28.0 | Or tweet me at Jim Kramer. I've been warning you that investors have been way too cavalier about this coronavirus. |
| 0:34.0 | And that it would wail on us like an anvil until China gets control over the outbreak. |
| 0:40.0 | And that's exactly what happened today. |
| 0:42.0 | Dow slipping 170 points. Give me at the longest losing streak since August. |
| 0:46.0 | S&P dropping 0.99% and the Nasdaq falling 0.93%. |
| 0:48.0 | Remember what history teaches us. It's that the averages could go lower still. |
| 0:52.0 | If the authorities don't put a lid on this epidemic. |
| 0:56.0 | In the end, this market wants answers. |
| 0:58.0 | And the Chinese government is not being forthcoming about how this disease is contracted. |
| 1:02.0 | Or how it can be treated. If at all, while public health officials are adamant that China is handling the coronavirus better than they handled SARS. |
| 1:10.0 | Which is of course one, almost one tenth of the people that got SARS died. |
| 1:14.0 | Well, I got to tell you that's a pretty low bar. |
| 1:16.0 | And all of the positive commentary about the Chinese transparency over there. |
| 1:20.0 | It reminds me again. Don't trust mainstream media on China. |
| 1:24.0 | They're almost always too positive and they're for wrong. |
... |
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