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Mad Money starts now.

Hey, I'm Kramer.

Welcome to Mad Money. Welcome to Kramer.

Other than my friends, I just want to try to make you some money. My job is not necessarily entertained but to educate to teach. Put in context, call me, 1-800-743 CBC. Tweet me at you

and Kramer. It's very hard to come up with an optimism per share number. When we talk about

the averages, we don't point out that a

rally was fueled by a positive view toward America or positive view toward the world, but optimism

does matter. So do a few placid days to catch your breath. They give people hope they can get

through a tough transitional moment like we are having. That's true even on an audibly flat day like this one. Dowd dip 156 points. SB decline

point one seven percent. Nasdaq inch up. 0.05%. Right now we have a stock market

buoyed by the results of some individual companies, J.P. Morgan, Morgan Stanley, Goldman

Sachs, City, Bank of America, and Wells Fargo. All six big banks reported

excellent numbers, some better than others, of course. Now, but these numbers were good,

despite a dearth of IPOs or mergers and acquisitions. That's incredible. When President

Trump was elected, we figured that the banks would be big winners from deregulation. There would be a

new wave of IPOs and new mergers.

So far, there's been nothing like that.

We have had only a few notable IPOs to speak of,

in part because the stock market can't sustain it.

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