>> scott >> the staple sector is a sector to be in i like walmart. >> mike? >> call spread risk reversals and high volatility names like lvs and uber. >> "mad money" with cramer starts right now my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i'm just trying to make you a little money my job is not just to educate but entertain and teach so-call me at 800-743-cnbc or tweet me @jimcramer. sometimes it comes down to economics 101. tell me the difference between

what is macro, meaning the broader economy and what is micro, meaning what is company specific and that's how i felt after last night's jaw dropping interview with raj the brand-new ceo of fedex where he dropped the bomb right here about one of the worst misses i've seen in ages. he thinks we're headed toward, toward a worldwide recess. his k0comments were an important wakeup call that sent the market dow. dow slipping and nasdaq down this is important. you're catching me at the end of the day. the market is much lower today and managed to rally in the close to find the pattern of the other day where it was much higher than went lower these days are tra eumatic macro versus micro things are going awry, china and

february heights, maybe there is more to it than that you have to figure out how much of the miss comes from the macro all those things i mentioned and how much might be from what i would regard as perhaps suboptimal execution or perhaps a calculate decision to get cost under control now before we get too deep into recession and we're off the rails. in this case, it's 70% macro fedex the global economy is in rough shape and 38% company specific fedex needs to do suerious cost cutting. the revenues weren't bad it's the earnings missed by $500 million are weak meaning execution definitely played a role. when the ceo of fedex says worldwide recession. we're not going to dispute it. he's got too much of a book of business to do that. i'm taking him at his word so that is where we're going to start our game plan for next

week because if fed chief jay powell watched the interview last week, he catches the show periodically we had sports on last night. he might discover that he's made more progress whipping inflation than he might realize. then again, if he reads the briefing books of the federal reserve like 2008, he's going to miss what is really happening. see, we're in the midst of a truly aggressive fed tightening cycle after inflation. no doubt about that. we'll get another 75 basis point rate hike at this fed meeting. third in a row because they're bringing the pain to stamp out wage inflation. yeah, he's creating -- >> the house of pain. >> because we can't have. >> house of pleasure. >> i get that. unfortunately, we're just now seeing the effects of the rate hikes that took mortgages to 6%. notice that? laid the groundwork for firings and bankruptcies across the economy. but after the fedex numbers

maybe powell will hit us with another 75 basis point hike here and then say maybe it's time to take a more measured approach to assess how things are going with wages, rents, the usual. that and another 75-point basis hike in short order might be prudent, the prudent move and by the way, prudence is warranted after the negative corporate news flow we're now getting and it's a flood the united states has the strongest economy of any large industrial nation in the world but we may not be able to with stand a worldwide recession that fedex is talking about while hobbled but dramatically high interest rates the signs are about to come down, i think. but we don't want them replaced with going out of business or lost hourly plaques. there is plenty more in the game plan that could make life easier for jay powell and let's start with auto zone on monday look, the average car keeps getting older because we can't make enough new ones and the old

cars need more replacement parts. i expect aenin bang up quarter i wonder if they see an end to the crucial beating inflation. whatever paul talks about bringing the pain to cool down the economy, he's speaking of wages, homes and cars. wages, homes and cars so auto zone can give us real insight. if the core companies could meet the demand, they're nowhere near doing so and used cars aren't coming down enough for powell to stop here. they're a point of pain and contention that makes powell have to be tough by the way, we're seeing a similar dynamic in housing later tonight, we're speaking to ted decker, the ceo. you should know the average age of the housing stock is around 40 years old both cars and homes are getting real long in the tooth they need care and that kind of care costs money on tuesday, one of the most despised stocks in the world owned by a lot of people is

nvidia and it gives us a glimpse of the future and this long-time travel trust holding is tarred and feathered because it's tied to a pair of definite declining int industries gaming and i'm sorry but yes, crypto it's the innovation power house that sees the future before we do we'll hear when we hear from jen. i know the stock is horrendous performers, no doubt aboutbehav. you get swift moves down followed by long rallies i'm not going to miss a word of this speech 11:00 a.m. eastern you can watch it on nvidia's website. they will bottom when everybody that can't take pain leaves it i sense we're closing in but not there yet, the fed will every shadow anything said by individual companies but got important ones reporting like lennar and kb homes. both home builders will be soft, how can they be anything else

with mortgage rates soaring so fast we need the price of housing to come down if we beat inflation and anything that indicates cancellations the number i'm looking for or a lack of traffic should be well received by the market and very strange. the home builder stocks moved up today because some investors are beginning to think maybe the fed knows it can declare victory not far from now meaning that they may hold off from rapid fire rates after wednesday because they don't want to blow it up. next week is also dream force. that's a pilgrimage of tech run by salesforce.com mark we'll be out there to cover it and pay close attention to wednesday's analyst meeting. salesforce is a worldwide company that used to be a good thing but being hit by the strong dollar everywhere and that's not what people want to hear salesforce like nvidia is part of the tech bear market. i don't think we'll hear anything that tells us it's time to buy the stock so why don't we

sell the darn thing for the travel trust we take a longer turn view, people we liked salesforce since $8 we liked nvidia since $20. i mean, we're staying the course if salesforce is ugly moment this too shall pass. i'm not going to give up on quality companies only to see them roar back six months from now or maybe a year. that's what happens when you sale quality companies junk companies, do whatever you want sometimes you over think things. the short term trade, the one that will work and everybody loves will be what we used to call general mills because if fedex is right about a global recession, people will hunker down. those are the best in show all of these won't do as well as general mills gis. last week we went to see the unassuming ceo of costco and i like everything he said. costco thinks long term. most investors are worried about the company's margins.

that's wrong costco cares about quality, value and sales growth that's the only way measure the big box club this number will be good that might not mean anything right now because people hate these kinds of stocks. i told the investing club very well attended monthly meeting you can check out on the website i actually wish costco stock would come down so we can buy more in this market i'll probably get my wish thursday, we also get the actual report from the company that brought the house down fedex. we will learn more but won't change the trajectory. we'll learn what costs have to be cut qualcomm will be on display when the company throws an analyst meeting with the automobile work with the chip maker i think it will change the perception and maybe people like this ten times earning stock. not much friday. just some different indicators for manufacturing and service. i put them up because these

different answenumbers are weakr it will be used to mock jay powell regardless of what he says poor guy can't get no respect bottom line, yes, i'm not changing that in my view this isn't the first time i've seen bleak we'll get through it together but it takes time and unfortunately prices, meaning lower prices and perhaps even an end to the miserable month before we can feel more certain about what we can buy and less certain at last about what we can sell why don't we go to dave in new hampshire, dave? >> yeah, hi, jim i just want to thank you so much for all that you do for us little investors out here. we're working hard trying to save in the 401 k plans as much as we can. jim, the end of next month i'll head out with my wife to times square and hoping to stop at your restaurant and get some lunch but my stock tonight is

microsoft. i don't knowwhen i should buy or if i should buy in and i was hoping you could help me with that. >> all right i'm glad you asked about microsoft. at the travel trust i said i don't have an investment case here now from microsoft other than the fact it's consistently good i'm not going to pound the table. we had a long interpretation of microsoft. is this the level? i'm uncertain about saying that so i'm not going to. i'll tell you this, though, it's a darn good company. we'll stipulate that it's really bleak out there. i've been through this before and a lot of times when it's really bleak, why? because six months to a year later you say wow, how did i have the presence to do that we'll get through this together. haven't we always? on "mad money" tonight retail is one of the toughest quarters so

how is home depot fairing? we'll talk to the ceo that blows you away and then, in the face of volatility, we like to circle back to a game i started in 2001 called am i diversified? make sure the videos are able to weather wall street's storm and earlier this we can we had a chance to check out amazon's climate pledge arena in seattle. you won't believe the things the company's vice president of worldwide sustainability was able to show with us so stay with cramer. >> don't miss a second of "mad money. follow @jimcramer on twitter have a question, tweet cramer #madtweets, send jim an email to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something, head to madmoney.cnbc.com.

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we know this is an awful moment for most retailers and housing but somehow home depot is doing just fine yet, despite the wide spread fear the home improvement kingpin would struggle as mortgage rates sore and consumers dial back their discretionary spending, the company keeps putting up solid numbers. a month ago they reported a stronger than expected quarter that sent the stock up 4% on the news but since then falling more than 15%, markets turned ugly and look, i understand the bear case here. in theory, these guys should be having a very rough time in reality, though, it just hasn't really played out that way yet and that is all i'll say. it warrants a closer look and doesn't say buy, buy, buy but closer look. we checked in with ted decker,

the president and ceo and it's enlightening and made me feel terrific about the company take a look. >> ted, great to see you this is a big teal for me because your company is fantastic. >> thank you we're so thrilled to have you at a home depot flat bed distribution center. >> the first thing i'll ask, what is a flat bed distribution center >> in a home depot store, we've always had job lot quantities but this is multiple, this is 50, 80 times a normal job lot quantity we can get on one of these massive flat bed drugs delivered to the customer's home and job site. >> how many square feet is this? i saw one across the street that seems bigger. >> this is 350,000 square feet we have eight of these now this is a small one. they're generally about 650,

700,000 square feet and then they're paired with another facility across the street that's a direct fulfillment center an e commerce facility as well as sweeping product here to marry with this product to go to a job site. >> you doubled e commerce in the last couple years. >> doubled it. we're up 20 billion, 14% penetration. the great thing is we just rebuilt the tech stack and put it in the cloud right before covid broke so we were able to handle that volume to double and i'd like to say we held serve and grew at 18% in q 2 of this year so double and grow, we love that formula. >> we've been walking around saying oh, man, this guy -- things are slowing down. he's got way too much inventory, they're going to get whacked we should try to figure out what slowing down means versus what you do for a living.

>> we couldn't be more bullish, jim. we're investing and put the strategy together on paper about five years ago the first one of these facilities we called it the one supply chain opened up in dallas in 2019. we have plans to build a total of about 150 distribution centers. different capabilities this one obviously for building materials. but we're going to keep executing our plan and that includes inventory we're blessed with a great balance sheet in cash flow, and we're happy to invest in inventory for our customers. >> what happens if inventory goes down because fed chief powell wants the stuff of this stuffdown? >> we want headwinds and crosscurrents in the environment now. inflation is high and we know what the fed is doing to tame the inflation and raising interest rates, mortgage rates, we saw this morning at 6% but that doesn't stop us from what we're doing executing our strategy, jim.

we have a $900 billion total addressable market it's one of the largest addressable markets in really all of the industry. we think about half is proand half is diy consumer we're well sub 20% we're 14, 15% of that. we have so much opportunity to grow we have the capability, capacit and we'll take share jim in any market. >> now, there are people who would say yeah, you want to take share but at 6.3%, there is no way that the customer isn't going to get hurt and stop shopping at home depot. >> well, we're fortunate we have a slightly different consumer. >> okay. >> you saw the consumer numbers were up. retail sales were up last month but we have a resilient customer our customer tends to have strong income and tend to be homeowners and spending more

time in the home the home is ageing we're spending 20, 30% more time we're not back in the office five days aweek. the average american household is now over 40 years old, 55% of homes are over 40 years old. why is that important? you got to replace everything. you got to do all your mechanicals, your roof, your gutters and all of the as threat asthetics. there is so much to do when the value has gone up in the home so much interest rates are increasing but what increased more is the value of the american home we think homes have gone up in the last three odd years, roughly 40%. that translates to $7 trillion of increased wealth in -- >> that's not sustainable. you and i don't want inflation raging we don't want that to get to the point people can't afford homes. >> that's true the rate of increase is slowing

for sure the real driver behind this and why we're bullish on the longer term for american housing, this is not like the picture in 2010 with speculative lending and speculative borrowing and speculative land development what is driving home values now is a fundamental mismatch of supply and demand to housing we think two, three, four million housing units short today of what we need. so yes, we seen a slowdown in new starts in housing turnover as we digest this really rapid increase in interest rates but the fundamentals are so sound with this fundamental short fall of supply that's what makes us feel so good about execution of our strategy. >> let's talk about this facility with your competitive advantage, i think there is sense all there is a store, which mine are

always gorgeous. behind it, you have 50% do it yourself and 50% contractors are facilities like this that make it so that actually it's very hard to compete against you in this business. >> this is a competitive advantage for sure we started this as the one supply chain and as we've built out, what we realize when we reassess that total addressable market, 900 billion, 50% pro, 50% consumer, our pros, there isn't a pro who doesn't go into home depot you can use it as a 7-eleven, smaller pros purchase virtually all ma terials. when the larger ones are remodelling a basement or adding square footage to a house, they're planning the job out and staging materials, the delivery of the materials, what trades are coming in to work on that stage of the remodel and that on time and complete large quantity

delivery is what this facility is all about we've got the kwquantities we've got the transportation capacity, the delivery capacity and delighting customers we've been delivering out of the stores we're 43 years old we had flat bed trucks run out of our stores but they might stop at three stores to fulfill one order. think of the congestion on the streets. think of how environmentally unsound that is versus putting everything in a no, you get all that concentration of product and delivery capacity in one place versus 2300 stores across north america. >> so i want to deal with the negativity of our viewers, of our politicians, of our country. when i heard about and go through the notes about home depot, i read we're all done everybody is done doing

everything at their home is there is nothing to do that's an actual prevalent view, could that be more wrong >> i'm never done. i've still been -- i've been working on it for a long time. i still have a list to do. i don't think you're ever done that's what is important about the age of the stock and people working one, two days a week from home, that's 20, 40% more time at home during the workweek it's wear and tear i've replaced every flapper in every toilet in my house there is wear and tear on c carpeting and flooring, doors opening and closing more so the retire cycle is going to increase from the age and the ou o utilization from being at home i'm looking at 20% more, 40% more, i want to get that remodel. let's kick that project off.

>> last night i'm with the ceo of fedex terrific guy he said to me listen, we're about to begin a global world recess world recess to me means 2007, 2010 which you guys came to by the way anyway but are you seeing anything like a recession in your business >> our consumer, our customer proans and diy are resilient we had strong comps. >> in many different isles. >> we comped with pro contractor and diy customer there was some softness in seasonal but it's hard for us -- is that a demand signal because of the weather we had a tough spring. it was long and cold is it a demand signal because someone already bought that item in the last two years that they were home? a lot of it was the outside of the home, or is it a reaction, you know, to pricing or, you

know, a comfort level with the economy? it's hard to tease that out. >> right. >> the balance of the business, we're a project retailer it all about completing the project, enhance the value and the enjoyment of your home that project business for us, jim, has stayed strong. >> you made it clear in the last quarter that you have not seen any weakness you talked about the seasonal because we planners knew that we had -- we lost some money. >> right. >> but i sense that in terms of despite the gloom that your business remains strong right now. >> well, through q 2 where we last announced a few short weeks ago, yes, strong. >> now, aisle by aisle, i love it, i'm fascinated how you do your conference call what are the hottest things? what are people buying to make their house better >> there is so much innovation,

the outdoor power is going cordless if you can drive your car 450 miles on a battery charge, you can cut your lawn on a battery charge so the transition to cordless power equipment and tractors, even tractors. >> everything going e.v. and you're ready for it? >> we're ready for it. we have the best partners, milwaukee, dewalt the best players in the industry. many exclusive. >> in the gloom and a belief there is going to be a world recession, i got to tell you ted decker president and ceo of home decker, i don't see it here and i like that. >> thanks for coming appreciate it. coming up, survive the unknowns, thrive in any more keat, - market the game of games. play am i diversified, next.

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does this bear market have you feeling down you're not alone i know it's hard to stay positive when things look so bleak but also a good time to reset expectations and take stock of what's in your portfolio. i want to help you weather the storm so i think it's good time as any to play am i diversifidi? you call me and i tell you if your portfolio is diversified enough because you might not be protected enough from the bear let's start with jackson in new jersey, jackson, you're our first caller and what do you got for me >> hey, what's up, jim boo-yah. my five stocks i got for you today are tesla, avi, prolongs and north rnorthrop.

>> good numbers calling, still stays strong, i believe in ev and the only real one i believe in is tesla. i would prefer lockheed martin and berkshire health away is the master let's call it -- drug, rental storage, how -- storage, we'll call it storage. auto and defense jackson has what i call game let's go to ben in illinois, again? >> this is ben from illinois and i'm a big fan of the show and i was hoping you could help me with my portfolio. my five stocks are nike, paypal, meta, amazon and ford. am i diversified thanks, jim. >> this is tougher this is tougher. first i was distracted because i

didn't know illinois looked so cool okay i'm used to new york i haven't seen illinois since the fugitive told me it would be safe there paypal is finance. amazon we'll say is a c, snake kk nike, apparel, is meta too much like amazon? i'm going to say that meta, which is the old facebook, i got so much in the hopper it might as well be a finance company and charging for what's app, instagram, there's a lot here. they're different enough to have auto, tech, retail and amazon web services, finance and apparel and i'm okay with that not great but okay with it next up is jenna in texas, jenna? >> boo-yah jim it's gina from texas google, oxy, merck, pioneer,

alphabet and nvidia. >> health care here already, why don't we put -- remember you said lockheed martin, very big meeting. i don't know if it stops the stock from going down because there is a lot of interest in it and not a lot of people did the work gina hasdone the work. alphabet is inexpensive. fang name and then merck really good drug company. we're going to get rid of oxy and nvidia and alphabet being reduced as advertising, not kidding. this is a gaming company i'm willing to acre cemesemt act we made one change and that's all we need to do. let's speak to bill in alaska,

bill >> hi, jim this is bill from anchorage, alaska my five stocks are amazon, apple, devon, apvi and black stone. am i diversified >> a lot of travel trust names here this is hard apple, the stock is down a lot, i don't want to sell it because you don't sell apple you own it amazon and apple are trading together they are they're just trading together. nothing to do about it i said at the club meeting amazon had another $2, $3 to sell when it gets down, we'll buy for the trust. i want to be in your face on that devon weak today that's okay. gigantic yield black stone good yield so good yield drugs, good yield

financial, good yield oil and amazon, apple, we wish we didn't have another tech name in. i would take union pacific over amazon it's tough i'm sitting here -- actually standing here and there are so many tech stocks people own that you could only imagine how difficult it is to try to get diversified but diversify we must much more "mad money" ahead. amazon itself has its sights set on a sustainable future. i'm seeing how the company is putting its money where it's mouth is with the vice president of worldwide sustainability from the climate pledge arena and my travel trust made a big purchase the subscriber know about and sharing behind the move to get into a consumer package goods kingpin or more appropriately say scale in tonight's rapid fire lightening round so stay with cramer.

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back on monday which seems ages ago we got a chance to hear from amazon web services from their sustainability with the business on track to hit net zero carbon emissions. when amazon won the naming rights to the new home of nhl seattle cracking a few years ago, did they call it the amazon center no, climate pledge arena and when it opened stores this october, it became the first net zero certified carbon arena in the world renewing on 100% renewable eletctricity and

reclaimed rainwater. we were happy enough to take a walk with the vice president of worldwide sustainability who is perhaps the most powerful business person in america today when it comes to fighting climate change take a look. we are most fortunate to be with kara hurst in front of climate pledge arena why isn't it called amazon arena. >> you're very kind. to excited to have you in seattle. we thought what an amazing opportunity to take this landmark and use it to remind people of the fight against climate change and everything we do to inspire to show how it's possible to have an amazing experience at an arena like this with the incredible concerts and games hooare here in a sustaina way. >> i see a solar roof. a lot of people realize if you put a couple solar panels

together it will heat a room or like ten light bubbles. >> this is 100% hower erpowered renewable energy we saved the roof. it was the original roof of the old key arena. it's 44 million metric tons saved which is an incredible carbon savings and historic campus solar there and on site and energy done at a utility scale. it is 100% renewable energy. >> i think we're thinking if it's done all electric, i can't be cool. you need power do something cool. >> pretty cool, right? this is one of the biggest led display of any arena obviously, when we don't have events, it's turned off to save electricity. it's a really cool experience to come down here on game days.

you have the cracking, the seattle storm, the concerts. it really an incredible immersing experience in the arena. >> i admit it. it is plastic. >> i hope you got up close that's what we want people to do in this corridor it's amazing now you have to picture everybody in cracking gear, head to toe, hockey fans with their beer and enjoying this amazing facility but coming in here and talking about climate. that's what we want to have happen we want people to experience this in a really positive visual exciting way and so there is facts and information c communicated but it's bringing nature together. >> how many people come to you to get answers and solve problems i think you're the most

indispensable person when the comes to this in this country. >> what we want to do, we could have done this as amazon our made our ambitious commitments as a company but we want to invite people saying this is a collective experience. we're not going to do this alone. we have over 300 companies and bringing them together for industry activations whether in transportation or in cloud computing to think about how do we move together, faster we got to share what we know and move faster together and iterate fast and talk about it. >> what do you do? you're a shareholder of amazon an older person might say what am i doing here? this is ridiculous how does this make money a younger person, what do they think? >> this is table stakes for anybody in sort of younger generations, they have to know your company is thinking about this and acting in responsible

ways, environmentally, socially, which we are and proud to tell them about for an older generation, this is the next realm of innovation we need to get out ahead we need to have sustainable products because that's what customers want we're customer obsessed. this is the next evolution. >> let's go see more stuff we're after all at a sports arena and we're playing ice hockey on ice. where do we get the water for the ice? >> that's another really fun part that i hope a lot of people learn about. we have something to collect renewable seattle rainwater and use that to make the hockey ice. we call that the greenest ice in the nhl. >> whatbil about the greenest trash? >> we're looking to eliminate sing-use items in the arena starting with plastics that's hard to do. we need participation from the

beverage companies we have pepsi co and it's amazing to see their willingness to come forward and say we need to reinvent business we'll eliminate single-use plastics by 2024. >> what do you do about the plastic in the boxes i get when i order so frequently from anan amazon i get my box, one book filled with plastic that's got to stop. >> we've been working on waste elimination packaging for a long time, over a decade. we started with the frustration free packing, 100% recyclable, easy to open, no clam shells, no twist ties, things that ship in their own container. we've taken out 38% of the waste since 2015 and what we're doing is a huge win for us we send less material. we consolidate the package and get to have more recycles materials and a win for the customer nobody wants the waste at the end of the day we're working again with partners to also make sure that

they can ship us product that is already in a box we can ship out. we don't need an amazon box over it. >> we don't have enough kara hearses in this country. i'll tell you that thank you for everything you do. >> thanks for being here, jim. >> absolutely. coming up, cramer takes your calls and the sky is the limit it's a fast fire lightning round next

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b play that sound and then the lightning round is over. are you ready ski daddy? start with brent in oregon, brent? >> yeah, this is brent my stock is ald. i'm wondering if it's too expensive here >> it's come up a great deal buying close to the high wait for it to come down a little but i like the situation very much. let's go to joe in new york, joe? >> caller: jim bo, boo-yah. >> boo-yah what is happening? >> caller: haven't heard you talk about this one in awhile. my stock is nikola. >> that stock is legal, frankly. it's down 50%. i don't want to own it it's losing more money than i could dream of that's not the situation i want to be in now how about john in illinois, john >> caller: how are you doing, sir? >> doing fine, how about you >> caller: i'm okay.

i'm calling in about icl. >> i like this stock i also like john deere let's go to eddie in california, eddie? >> caller: yeah, jim, how are you doing, boo-yah. >> doing well. how are you? >> caller: i'm doing well. my question is about lng. >> i don't think it's too late it can go higher because that's how bad new york needs our natural gas, that, ladies and gentlemen is the conclusion of the lightning round. >> announcer: the lightening round is sponsored by t.d. ameritrade coming up, does this market have you on a razor's edge? make cramer staple of your financial research diet. "mad money" will be right back when traders tell us how to make thinkorswim® even better, we listen.

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proctor and gamble for the travel trust, we do at our monthly meeting yesterday if the stock kept going lower sometimesi it's painful to buy more we had to pull the trigger because it's playing out like we expected earlier. the box of seven razors, do i think people will suddenly start shaving more

no, of course not. if anything, the rise in remote work means people will shave less than before the pandemic. what makes me like proctor comes down to the cost of everything that goes into this box of gillette razors. what i like is the box itself. when you look at the front, clear plastic. when you turn it around, it's paper. after climbing for ages, the price of paper and the price of plastic have finally hit a wall. in fact, just this morning jeffrey slashed numbers and ratings for the package companies. for this stuff right here because of what they're calling a massive inventory over hang. now, my father used to sell what is known as liner board for a living so i'm all too familiar with the cycle here you never get one price cut in this industry, what you do is get a wave of them and they keep coming and coming and coming in other words, the razor box will cost proctor less and less and less plastic is coming down, too.

chemical giant huntsman preannounced today and dow stock keeps going lower and lower. that means improving grotss margins. this stuff is costing less, too, and that translates into directly higher sales. of course, if you look closely, it says pre six, which means we won't make as much money because we sell these things overseas unless they think that's funny and put it in american there is no let up to the ever rising dollar and the strong dollar is fewer green backs. that's going to hurt for certain but i don't think it will offset proctor's gains from declining raw costs for this, for this and for this so what is the broader take for the market sadly nothing. the federal reserve doesn't going to look at razors and say i buy cheaper. the fed wants to take down the

help wanted size across the country. they only do that by raising rates that brings immense pain to the portfolio and value of the house. that's what they want. plus, by making it more expensive to borrow, companies are less willing to hire powell can't fix the tight labor market by inviting immigrants to work here if some governors want to airlift asylum seekers. that's up to elected officials powell can force people to go back to work by bleeding their investments. that said, it's too bad the fed doesn't seem to care about little things like the cost of making gillette razors or big things like the announcement from fedex last night. they had the data and the data shows we had the labor shortage pushing higher there aren't enough houses, either we need it everywhere but there are still too many shortages so what is my take away we don't need to know what the fed will do to help or hurt the stock market we know everything that goes into this package especially the

package itself is finally coming down and that's good news for proctor and gamble shareholders including my charitable trust. i like to say there is always a bull market somewhere and i promise to find it here on "mad money. i'm jim cramer see you monday from san francisco. the news with sheppard smith starts now more allegations of war crimes in the wake of a russian retreat. i'm tyler mathisen in for shepard smith. this is "the news with shepard smith" on cnbc another mass burial discovery in ukraine. >> this is part of an ongoing story. >> hundreds of graves recovered after a russian retreat. now the quest to document war crimes they're a political football in immigration polpolicy now, dozens of migrants flown to martha's