My mission is simple, to make you money.

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

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

Mad Money starts now.

Hey, I'm Kramer. Welcome to Mad Money.

Welcome to Kramer. I'll be one of my friends. I'm just trying to make you a little money. My job is not just entertained, but to educate and teach you. So call me at 1-800-743-C-B-Z. tweet me at Jim Kramer. You want to know the single most useless thing you can do in this business? Oh, that's easy. The most useless thing you can do as an investor is to worry

about what everyone else is worrying about. The flip side of this is also true. There's no point

in getting excited about something that everybody else is eagerly anticipating. Why? See, because when the

vast majority investors agree that something's

going to happen, that thing is already priced into the stock market, priced in. While the real

economy moves at its own state pace, for example, you've got to borrow money to buy,

build out equipment, then you use that equipment to manufacture goods and transport them to retail outlets and wait for the customer to come along and buy them. The stock market has no

such limitations. Stocks don't quite travel at the speed of thought, but they come pretty close.

So the moment of preponderance of hedge fund and mutual fund managers decide that the economy's slowing

or speeding up or flatlining, stocks start trading like that's already the case.

Usually it takes some time to build that kind of consensus, which is why you rarely see

these moves happening instantaneously. But once the big institutional portfolio managers are on

the same page about something, you can be pretty darn confident that it's baked into the averages. This is some basic economics one-on-one stuff. Now, I don't have a ton of views for

economists as a professional in this show. They tend to take a totally ivory tower approach to

this discipline, meaning they have all sorts of models for how the world's supposed to work,

the economy's supposed to work, often very boring models, by the way, but they rarely let the empirical facts get in the way

of a good theory. If the data conflicts with the model, economists have a bad habit of throwing

...