Office REITs, Off the Charts & On Holdings Co-CEOs 3/22/23

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 22 March 2023

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

All three major averages ended the day in the red after the Fed announced they would be raising interest rates by 0.25% and Jim Cramer is diving into the market’s reaction. First, Cramer breaks down how the pandemic work environment continues to plague office Real Estate Investment Trusts. Then, Cramer analyzes the current market compared to the 2008-2009 financial crisis by going Off The Charts with Larry Williams. Plus, On Holdings co-CEOs Marc Maurer and Martin Hoffmann join Cramer to discuss their sportwear company’s growth in its most recent quarter. Mad Money Disclaimer

Transcript

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0:00.0	My mission is simple to make you money.
0:05.0	I'm here to level the playing field for all investors.
0:08.0	There's always a more market somewhere,
0:10.0	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.
0:19.0	Welcome to Kramer, America.
0:20.0	Other people are my friends.
0:21.0	I'm just trying to save you some money.
0:23.0	My job is not just to entertain,
0:25.0	but to educate, put days like today,
0:27.0	and back to Kramer, 1-800-723-CMBC, or tweet me at Kramer.
0:31.0	Leave it to the bags to spoil the back point.
0:34.0	Yeah, the Fed was fine today, calm, measured it.
0:37.0	But it was discouraging news on the mini bank crisis
0:40.0	from the Treasury Department.
0:42.0	It sent the Dow plunging five or 30 points,
0:45.0	S-to-B plummeting 1.65% in the NASDAQ newsdiving 1.6%.
0:50.0	Yep, the Fed did it was widely expected.
0:54.0	It raised interest rate by 1.4%.
0:56.0	Fed Chief J. Powell told us there's still plenty of inflation in the system.
1:00.0	So he asked the Titan,
	...

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