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Mad Money w/ Jim Cramer

U.S. Secretary of Commerce Raimondo, The FedEx Rally & Belden CEO 6/27/22

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 27 June 2022

⏱️ 45 minutes

🧾️ Download transcript

Summary

All three major averages fell after last week’s recovery rally, and Jim Cramer's helping investors navigate the market. Next, U.S Secretary of Commerce Gina Raimondo joins Cramer to discuss GlobalWafers' newly announced silicon wafer factory in Texas and the state of the CHIPS Act. Then, Jim Cramer analyzes FedEx after last week's earnings and ahead of its investor day later this week to see how the company is being hit by high gas prices and rising interest rates. Plus, Belden CEO Roel Vestjens. 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 market summer

0:10.0

and I promised to help you find it.

0:12.0

Man money starts now.

0:17.0

Hey, I'm Cramer. Welcome to Man Money.

0:19.0

Welcome to Cramer, Erica.

0:20.0

A big one to make friends. I'm just trying to make some money.

0:22.0

My job is not to entertain you,

0:24.0

but to educate and teach you.

0:25.0

So call me at 1-107-4-3, C-M-B-C,

0:28.0

or tweet me at Jim Cramer.

0:30.0

It's nail-biting time,

0:32.0

even if you don't bite your nails.

0:34.0

Right now, we're figuring out if the recent collapse

0:36.0

and commodity prices is because the feds

0:38.0

wrenched all the speculative excess out of the system,

0:41.0

good, or because the world's economy is slowing so rapidly,

0:45.0

they were headed for a terrible recession.

0:47.0

Bad.

0:48.0

And that's the number one question I'm going to tell you today.

0:51.0

Where the doubt dips 62 points,

...

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