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Mad Money w/ Jim Cramer

What The Fed Wans, Morgan Stanley CEO & Used Car Stocks 9/29/22

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.34K Ratings

🗓️ 29 September 2022

⏱️ 45 minutes

🧾️ Download transcript

Summary

The Dow finished down more than 400 points, with the S&P hitting a fresh closing low for 2022, and Jim Cramer is helping investors navigate the market as it falls deeper into bear territory. First, with the Fed driving the action in stocks, Cramer's sharing what the Fed is looking for in the fight against inflation and how the market might react if the Fed isn't seeing it. Then, in a two-part interview, Morgan Stanley CEO James Gorman sits down with Cramer to talk about the Fed and rate hikes, building wealth, crypto, Morgan Stanley's acquisitions and more. Plus, Carmax plummeted 25% off disappointing earnings - Cramer's looking closer at the used car space to see if the cooling market could be good news on the inflation front. 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 little more consumer,

0:10.0

and I promise to help you find it.

0:12.0

Man money starts now!

0:17.0

Hey, I'm Kramer.

0:18.0

Welcome to Man Money.

0:19.0

Welcome to Kramer.

0:20.0

Other people want to make friends?

0:22.0

I just want to try to save some money.

0:24.0

My job is not just to entertain, but to educate,

0:26.0

put it in context.

0:27.0

So call me at 1-800-743-CM to your tweet me at Jim Kramer.

0:31.0

Signs.

0:32.0

We're always looking for signs.

0:34.0

Signs that the pain might be...

0:36.0

The house of pain!

0:38.0

Signs that the bear might be on the last day.

0:42.0

That there's been so much pain, it just has to end soon, right?

0:47.0

Wrong.

0:48.0

Just plain wrong.

0:50.0

We are not sure when the beatdown's going to be over.

...

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