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Mad Money w/ Jim Cramer

Nextdoor CEO, GSK Investor Day Preview & CNH Industrial CEO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 22 June 2021

⏱️ 45 minutes

🧾️ Download transcript

Summary

The Dow rose 69 points today and Jim Cramer’s giving investors an update on where the market's headed as it bounces back from its recent declines. Then, Nextdoor CEO Sarah Friar talks about the launch of the app's new COVID-19 vaccine map and how the company is impacting communities. Next, Cramer’s giving you the lowdown on British pharma giant GlaxoSmithKline ahead of its investors day event tomorrow to let shareholders know what they should be looking out for. And, after announcing its purchase of Raven Industries, CNH Industrial CEO Scott Wine checks in with Cramer to learn more about the acquisition. 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

CNBC's Workforce Executive Council is a premier group of C-suite human resources

0:06.0

executives from leading companies across the country. It offers a members-only

0:11.0

portal and chat plus exclusive industry content with access to breaking news

0:16.0

calls and digital networking experiences. The network and resources HR

0:21.0

leaders need now. Apply to the Workforce Executive Council at CNBCCouncils.com

0:28.0

slash WEC.

0:58.0

or tweet me at Jim Kramer. All right. We've endured the meme stock

1:04.0

craziness and the collapse of Bitcoin. Might be surprisingly low levels

1:12.0

although it's still more than doubled since last fall. We've dealt with

1:15.0

federal officials making clear that they're no longer on the side of the

1:18.0

bulls or the bears. There's nothing. They're on the side of the job growth

1:22.0

but still wary of inflation. We've seen the end of the rush to get

1:26.0

vaccinated which means millions of Americans will get the new COVID variant

1:30.0

because they refuse to get a couple of injections. We've watched as the hopes

1:35.0

for the infrastructure bill have collapsed. We've endured shortages of

1:42.0

everything from chips to plastic to importing goods to labor.

1:50.0

And we're still standing. Yeah. Yeah. Yeah. We got an L and John market

1:56.0

going here. Dow gaining 69 points. S and B. Clothing point, 51%

2:00.0

Nasdaq jumping point, 79% all time high. We're now in a moment where the

2:06.0

mass are off. Even if it shouldn't be. And Americans are back to doing

2:10.0

what we do best. Spending money. I think this is one of those times

2:14.0

where we can afford to do some reflection even if it's shallow.

...

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