4.4 • 3.9K Ratings
🗓️ 8 January 2025
⏱️ 44 minutes
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0:00.0 | My mission is simple, to make you money. I'm here to level the playing field for all investors. |
0:08.0 | There's always a little market somewhere, and I promise to help you find it. |
0:12.0 | Mad Money starts now. |
0:15.0 | Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer. I'll be with my friends. I'm just trying to save you a little money. |
0:23.2 | My job is not just entertaining, but to explain about what happens in days like today. |
0:28.6 | So call me at 100, 743, CNBC. If we meet me at you, I'm Kramer. |
0:32.6 | Rates one, stocks zero. |
0:36.0 | That was the score of today's game, and it terrified the bulls. |
0:41.4 | Because if people are going to sell stocks every time long-rates creep higher, as they did today, |
0:45.7 | we could be in for a world of her. |
0:47.8 | The House of Pain. |
0:48.9 | And that's in today's session sure looked like where the Dow dipped the 178 points. |
0:52.3 | The SB lost 1.11% in the NASDAQ, |
0:54.4 | plunged 1.89%. It's really nasty in that NASDAQ, and it crushed lots of well-known stocks, |
1:01.3 | but the selling finally got to all those speculative nuke and quantum computing stocks that I've |
1:06.4 | warned you and told you to sell. It's not too late to do so. I repeat it, it's not too late to dump what you and I know are garbage stocks. |
1:14.6 | Why did higher rates pulverize so much of the good part of the market today? |
1:18.6 | And why do some stocks escape the gravitational pull? |
1:20.6 | The laggars that came to lead today. |
1:23.6 | First, the cause of the decline in bonds and that dastardly rise in yields |
1:26.6 | wasn't anything |
1:27.5 | catastrophic, thank heavens. We get a lot of surveys thrown at us all the time. One of them |
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