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Mad Money w/ Jim Cramer

Starbucks Union Organizer, MongoDB CEO & Founding Partner of MoffettNathanson

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 14 December 2021

⏱️ 45 minutes

🧾️ Download transcript

Summary

The Dow, S&P and Nasdaq all closed down and Jim Cramer is likening this market to fantasy football - hear what he is drafting, starting and benching. Then, Founding Partner of MoffettNathanson Craig Moffett breaks down the firm's deal with SVB Financial. After, CEO of MongoDB Dev Ittycheria joins Cramer to give more details on the company’s latest quarter and where the company is headed. Plus, last week Starbucks employees in Buffalo made history by voting to become the first unionized Starbucks location in the U.S. - Cramer is talking to one of the baristas that led the union effort now getting national attention. Finally, Cramer said he expects the Fed to announce rate hikes to combat inflation – hear where he thinks it will make the biggest impact. 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.

0:08.0

There's always a more market somewhere,

0:10.0

and I promised to help you find it.

0:12.0

Man money starts now.

0:16.0

Hey, I'm Crainer.

0:18.0

Welcome to Man Money.

0:19.0

Welcome to Crainer America.

0:20.0

I'd be wanting to make friends, if you're trying to make us some money.

0:22.0

My job is not just to entertain,

0:24.0

but to educate, teach, coach, call me 1-800-743-CM or tweet me at chimneys.

0:29.0

Why not, not so hot day for the averages?

0:33.0

With the Dow slipping 320 points,

0:36.0

that's going to be the client at 1.91, but at the NASDAQ.

0:39.0

It was in 1.39%, and it was nasty.

0:42.0

A lot of people worried that this market's got what we call bad breath.

0:45.0

In other words, we've had a tremendous rally this year.

0:48.0

But looking back, it's been surprisingly narrow.

0:51.0

We hear so much about the handful of stocks that have been responsible

0:54.0

for about half of the movement, the SB 500 since April.

0:57.0

There you got to think Apple, Microsoft, and Vitya, Tesla, Alphabet.

1:02.0

And somehow that's not sustainable.

...

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