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Mad Money w/ Jim Cramer

Stifel CEO, Reviewing Last Week's Rally & Checking Out Kroger 3/21/22

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 21 March 2022

⏱️ 45 minutes

🧾️ Download transcript

Summary

The Dow fell 202 points after Fed Chair Powell sounded the alarm on inflation and Jim Cramer is guiding investors through the market's downturn. Then, Stifel CEO Ron Kruszewski joins Cramer to talk about how raising interest rates are impacting financial names, the outlook for the IPO market and more. Next, the major averages rallied last week and Cramer is breaking down what names moved higher with the broader market. Plus, Cramer always tells you to shop around for your portfolio - he's eyeing Kroger's potential for profits. 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.

0:05.0

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

0:08.0

There's always a more work in summer

0:10.0

and I promised to help you find it.

0:12.0

Man money starts now.

0:16.0

Hey, I'm Kramer.

0:18.0

Welcome to Man Money. Welcome to Kramer America.

0:20.0

I'll be with my friends, just trying to make a little money.

0:22.0

My job is not just to entertain you but to educate and teach you so call me

0:25.0

at 1-800-743-CBC or tweet me at you in Kramer.

0:29.0

Long knives. They're out for Jay Powell.

0:32.0

How the adegos buy without someone taking a shot at them

0:35.0

for being too slow to stamp out inflation.

0:37.0

I think it's ridiculous, especially because just today

0:40.0

he said he's willing to raise interest rates

0:42.0

even faster with the situation he gets out of control.

0:44.0

That sent the average into a tailspin and the Dow sinking

0:46.0

202 points.

0:47.0

That's a bit dipping point of a 4% of what's worse at one point.

0:50.0

But that's that losing point of 4%.

0:52.0

I think Powell is doing what is necessary.

0:55.0

You can't ask for more than that.

...

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