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Mad Money w/ Jim Cramer

Mad Money w/ Jim Cramer 1/10/25

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.43.9K Ratings

🗓️ 11 January 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

Listen to Jim Cramer’s personal guide through the confusing jungle of Wall Street investing, navigating through opportunities and pitfalls with one goal in mind - to help you make money. Mad Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0

My mission is simple, to make you money.

0:04.7

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

0:08.1

There's always a home market somewhere, and I promise to help you find it.

0:12.3

Mad Money starts now.

0:16.5

Hey, I'm Kramer.

0:18.0

Welcome to Mad Money.

0:19.1

Welcome to Kramer.

0:20.1

With my friends, I'm just trying to save you a little money here. My job is not just to

0:25.7

explain, but to put it in some sort of context, you can understand it. So call me at 1-800-743 CBC.

0:31.3

We meet Jim Kramer. When I first heard the idea that stocks could actually go down in response to

0:36.4

great job growth, I thought it was

0:37.9

absurd. Who hopes for weak job growth? Who hopes for higher unemployment? The answer? People own

0:44.1

stocks, that's who. At least when they're worried about interest rates. And that's how you get a

0:49.5

day like today where the Labor Report showed we created way more jobs than expected in December,

0:54.7

and then for the market roll over. Dowell tumbling, 697 points, S&B plunging 1.5%, NASDAQ plumbinging 1.63%.

1:02.0

Now, there are two sides to the story. Given that I was worried about a hard landing and recession

1:07.6

just six months ago, but I saw a strong job growth. You know what? I was grateful.

1:11.7

But we're at a moment where my gratitude meets nothing. The majority of investors were looking for

1:15.7

slower job growth, lower long-term interest rates, and some rate cuts from the Fed. For them,

1:23.3

disappointment was palpable. So the stocks, they sold them hand over fist, as you can see.

1:29.1

Now, this isn't unusual. Always remember that the bond market is a lot bigger in the stock market,

1:33.1

and the bond market gods are more powerful. So when rates go up, stocks tend to go down. And that's

...

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