>> oxy, you want to make sure you have energy in your portfolio. >> steve? >> marathon digital. it's the beta for bitcoin, but bites both ways, up and down. >> thank you for watching "fast money." see you backere moow htorr for more "fast." my mission is simple. to make you money. i'm here to level the playing field for all investors. i promise to help you find it. "mad money" starts now . >> i'm kramer. welcome to mad money. trying to make you a little money. my job is not just to entertain but explain. call me. read me. maybe what we need to do here is have a patented scary list

for the next time experts try to frighten you out of the stock market. sell, sell, sell. that's how i feel if they cascade lower yesterday. nasdaq climbing 1.30%. short sellers everywhere. put the kebabs on the alarmist. when things are going well, we hear from people doing fine thank it's going badly. every downturn is a repeat of the recession or the.crash or even the great depression. nothing wrong with testing your thesis but some of these people are really good at being dramatic. should have a netflix show called the skies on fire. have got to prepare for this stuff to happen again. i want to give you the top five skiers of the market right now. they need to keep you out of the stocks and you need to

recognize when that happens so you can parry them with confidence. the first and finest most ubiquitous scare, the coming collapse of commercial real estate. the banks that are owned by it. we are told it's $1 trillion debacle that can pulverize the entire stock market. i know there are buildings out there not worth anything dead or alive. too old, nor keeping them alive. not worth anything dead either. the residential real estate, the cost does not come down. it just absorb it since. the owners of a real problem. increasingly, the owners are walking away from them. >> who are the owners? >> i thought it might be the relevant state investment trust. bernita or sl green which i'm and repeatedly told might be dead men walking. this sl green, everyone told me

was just going to die is just crushing it. i know many banks are on the hook. the large ones have already written these things down. maybe next to nothing. the minor banks are going to get hurt if things eep going badly. the community bank to double down when they bought the bank by fed no less, i don't see a lot of travelers. insurance have a lot of zombie buildings. rates are flying high. they will capitalize for any problems in the port olio. count me out. these are all going to get down. the whole commercial real estate catastrophe thesis goes out the window once more businesses get aggressive about pushing people to show up and work. i'm telling you it's happening all over the country. a second scare.

might not come soon enough to save us. this is a powerful impact or a host of seemingly smart people do their absolute best to scare you out of your wits when we get a smart -- a spike and one line of this. this is can you out is not the intent but if not why are they always so dramatic? what to do when the academy award for best bear in a cable news drama? we are really in historically the best period to on the stocks. the time between when they stop raising rates and start cutting rates. the bears are not worried about looking like idiots. when they are wrong, nobody really cares because they ay look, we were just trying to be careful. i say thanks for that, transfer nothing. we've got to market shares, the best, the best. the other 94 members.

what do you think of that? what is the rap year? we are told you cannot buy narrow market. it's a sign of danger, danger, danger what are you supposed to do if the market broadens out? you can buy stocks after everybody has moved up. i'm more of a buy low sell high kind of guys. the earnings collapse. you need to go back, read about how earnings are supposed to be horrendous this quarter. i can count on one hand the stocks that actually truly did disappoint so far. any day you might have upwards of 10 stocks delivering fantastic quarters. even disappointing numbers, they often sell their stocks the next day. what is thinker. terrible, too. the stocks up five bucks since then. would not have been a bad sale. finally, there is the fifth scare, one that i take it personally. i take it to heart.

it's the amazing rise of the stock of nvidia. i did not know who nvidia was for the last two or three years. now they are all important. they know about nvidia. they are treating the stocks as if it's some sort of freak show. asked amazon. ahead of meda and tesla. scary. you almost never hear that. just maybe, just maybe, just maybe nvidia deserves the accolades. nevermind that they invented the ships that power artificial intelligence. something that could transform the entire economy down the road. i talk to people. makes me a little different from a lot of people on tv. i talked to people. called this woman on her 60th wedding anniversary to wish her a happy anniversary. you know what she said to me, she remembers buying shares in and video back in 2017 in the 40s. she bought it, why? i did this analysis of

artificial intelligence, no. it's because i named nvidia. had a nice t-bone in my hand. she said no one would name their dog after a stock if they did not believe in the stock and she believed in me, so therefore, she bought nvidia. when i did that in 2017, i was hounded for recommending what looked like an extremely expensive stock. people cannot believe it. that turned out to be selling far less than the average stock. they came in much higher than the forecast. to have a male cat named amazon and a female cat named apple and they are doing well, too. i reiterated this year endlessly to the point that people are sick of it. yeah. there it is. incredible valentine's day

outfit. do we have any like that? and she's like enough with the darn thing. the face that you just did when i mentioned nvidia. go ahead, do it. you got to turn the camera. what face did you give me when i mentioned nvidia? what did you do? that's what i'm talking about. i'm talking about waterman. that's when i get all the time. i know we don't buy stocks around here because they can power robot dogs to pick up yellow cubes. have a sense of humor. i saw that you know you shouldn't recommend the stocks just because you spoke to a computer at nvidia had orders. thinking you can fool it. the still lives. instead, uses the same colors as when he painted the fabled apples and oranges. when i saw the dynamite escape, i knew it was the future. i was not going to just say stick to intel. but the vast majority of people

who mocked me for having the table because i saw a seascape did precisely that. it's easy to scare people. you will be called out on being wrong. you will just be called on again if the market looks down or is down because you got something to say. the bottom line is when the professional bears come on, this is not the day of pearl harbor. it started for the country. the day newman rolled over. it just business as usual. there is no need to pretend the sky is falling or to jan and mark me when i say to buy nvidia. the whole staff is joining. let's go to jerry in illinois please. >> and a good day to you, mr. cramer. >> how you been? >> i am recovering that with

some goals. i'm just a. it's amazing. >> thank you for that. we try to put some humor in it, too. and i'm thinking it's so odd. sounds like leno or letterman or carson. it's good to have some of that stuff, don't you think? >> you are correct. i tell people i just had a bad day at the workplace but i'm going to be okay, but thank you for asking. >> thank you for everything you've done. okay. thank you for everything you've done. >> sir, i have a question again. want to invest in huber. i think it's a good start for me. would you concur? >> yes. totally. this stock has had a run, but i am a huge believer in ride- share. even left had a good number today. i think this is the future. a good level.

more if it comes down. it's been up a lot. more important i like what you did for our country, all right. it's easy to scare people out of the market rate especially after days like yesterday. you've got to remember that the sky is not falling. right now it is still just as nice as usual. if you want to laugh at me for liking nvidia, be my guest. the way people are living in a post-covid world, i'm finding out what it is and how it could impact your investing thesis. airbnb gave us hope about the travel sector. do i still feel confident in the strength of the company itself? i'm running through the numbers. i'll go straight to the source for details. do not miss exclusive with the ceo. stay with cramer . >> don't miss a second of "mad

money." follow @jimcramer on x. send an email at nbc.com or give us a call at 1-800-743-cnbc . miss something? go to mad money.cnbc.com. >>

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formulations of 7 moisturizers and 3 ♪ ♪amins. ♪ ♪ rolling to the stock of jenna rack holdings today. making backup generators and batteries for solar energy systems. their stock has rallied more than 50% since last over. revenue and earnings estimates. revenue fell short of expectations. the stock opens more than 10 bucks. shortly after they got started, the roof sharply going positive a couple of points this

morning. what causes the rebound? what management talked about. record levels of in-home consultation activity in january caused by the freezing cold weather. on top of the asked of a student's -- activations. this indicator, could this be another home energy story like we just covered with next tracker or the early stage of a larger come back? let's check with aaron, the chairman and ceo of generac. >> good to see you. thanks for having me. >> i don't want to put words in your mouth but i heard things today that made me feel like a long-term certainly because of climate change and the promise he of legacy infrastructure and you are willing to say this may be the bottom of the residential cycle. could follow behind if it's a positive vote central quarter. >> that's exactly right. we think the fourth order was

kind of a turning point for us. we obviously had a field inventory challenge on the residential side of our business to the last x quarters we have been fighting that. we think that's largely behind us here as we get to the first quarter this year and get back to growing the residential business which is exciting for us. on top of that, they've been on a tear the last three years. they run a growth rate of 33%. a $1.5 billion business now. we are starting to see some cycles of telethon and national rental accounts here in 2024. those are cycles. we've seen them before. we know the long-term ocular growth opportunities in those markets are really intact. >> the five year chart. it is hard. i was thinking if i were in your shoes i would have built triple the number that you did. it was very hard not to think that you wouldn't have this business looking for the chart that would grow by four or five

times. that just was a very difficult position to be in. >> it was. on top of the locations where it's happening with the supply chains. procuring a lot of equipment. we went after it in a big way. when the dust all settled, obviously, you know, a lot of interested companies. twice the size it was pre- pandemic. we've run a lot. we've leveled off here and we see the green shoots of the opportunities in the residential market to start growing again. the long-term setup is the same that it was the war. these digger megatrends, we call them. we look at the changes that are ongoing. we are working to d carbon is the sources. we are placing -- replacing traditional thermal assets with renewable plants. utility scale for solar and wind. those are intermittent sources. the challenge, of course, is

for grid operators to match those sources with now increasing demand. we are electrifying everything on the demand side rater cooking, or cleaning and transportation rid talk about he comes, right? look at what carriers are doing and other companies are doing what he comes. this is a trend that we believe will be evident in the last -- next 10 years. you will see operators struggling dramatically with trying to keep up with the balance. it will be about reliability problems. we've seen that already. >> never thought we would even allow reliability problems. i guess the climate change has made it so that we are willing to get ahead of ourselves. the only bridge in the gap is generac. >> we believe so. you've got to have a backup plan. this is going to be the pain that every homeowner or business owner will go through over the next 10 to 20 years as the grid changes. how are you going to be

prepared for that? that's what our products and services are all about. with everything that we've done, all the hard work we have done. we have had our own challenges over the last couple of years it may be getting ahead of ourselves in some cases but we've done a lot of work around assembling a suite of products and services. we are building an ecosystem around energy. energy in the home, energy in the business. everything from generators to energy storage to solar full take production to energy management and ev charging. we had a deal here with wall box. we have all the right products and services to be able to deploy this in a way that helps customers, homeowners, business owners manage not only the reliability of their energy but the cost and efficiency, as well. >> people are also in their

homes more. as you get older, it's unfortunate that you can't have things go bad. you can't have the lights go out, you can't have the power go out. that new for people. >> it's this aging in place concept. everyone wants to stay in their home as long as possible. what are they doing? they're making changes to their homes to make them livable including adding backup power protection. as you said, as you get older, it not just about the inconvenience that an outage would cause. it could actually be dangerous. not only just getting around in the dark that a lot of people have home medical equipment, medicines that they refrigerate, just the ability to connect with friends and family when the power is out. everything we have today is dependent on a continuous source of power. if that's gone, that leaves you in a really dangerous position, in particular as you age. >> if rates go up dramatically. how much of your business with the consumer is dependent upon rates coming down?

if rates were to go down dramatically, would we want generac for the sake of lower interest rates? >> there are parts of our business better interest rate sensitive. the residential and standby business in particular is actually less so. going back to the demographic that we just talked about, older americans on their homes and a lot of times, it's paid off many times, they are retired using excess savings to pay for these projects. less interest rate sensitivity there. more interest rates since activity. as interest rates come down, that's obviously beneficial for the business overall but probably more so on the sea and i sighed. >> that's interesting. contrary to what i thought. i think from the amount of stock that you bought this last order, i think the bottom is in place. either way, when this thing takes off, it really does take off. so holding chairman, president and ceo, great to see you

again. thanks for coming on. coming up, investors seem to want a vacation from airbnb after the stock earnings rate is it too soon to look for other accommodations? stick with framer. awkward question... is there going to be anything left... —left over? —yeah. oh, absolutely. (inner monologue) my kids don't know what they want. you know who knows what she wants? me! i want a massage, in amalfi, from someone named giancarlo. and i didn't live in that shoebox for years. not just— with empower,

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, longer can the travel boom

continue? we've already got some delta getting hit on some not so far -- hot forecast. the reported okay report with light guidance and in plunged 18% the next day. ceo peter kern was retiring, which brings me to the stock of airbnb. this one came in pretty darn hot. after rallying 6% in 2023, they had a new high. what did we learn from airbnb? the actual results were fantastic. the value rose 15% grid better- than-expected. experiences of 12%. they delivered a modest revenue of 17 percent growth. this is the key metric here. they rose 46%. they came in well above expectations. on top of that, $6 billion

buyback, which was meaningful even for a 98 alien dollar company. however, the stocks still end up getting dinged because wall street was not thrilled with airbnb guidance. sales and earnings and future. it was not necessarily bad but talking about slower growth versus last year. for the first quarter of 2024, they had a strong start to the year. higher than expected. should be positive, right? the forecast implies a year- over-year growth rate of 12 to 14%, down from 17%. they also said the first quarter revenue growth would be boosted by the early easter holiday. this comes in the second quarter when aster usually happens grid plus tough comparisons in the current quarter. but i think it's the fact that

airbnb so they want to start investing heavily in growth, rather than focusing purely on profitability. they have been really focusing on profitability. there have been too many meaningful growth opportunities out there. looking at a margin of at least 35%. significantly lower than the 36.8 number that the analyst were looking for, let alone the number they put up in 2023. excellent number for the fourth quarter. been slow in the first quarter. for the full year, they're supposed to be slightly less profitable in 2024 and 2023. they will invest in some new opportunities that we don't know. wall street does not seem to be totally on board although the stock was much worse at one point. did it really make sense for the stock to get hit? i understand what went down. it was up 33% from the low since the close.

you need a picture-perfect quarter if you want your stocks to keep growing. there were some real imperfections here. i also think people are focused on some specific line items in the guidance rather than kissing on any of the positives. the actual quarter was great. said some good things about the demand environment. according to david stevenson, if your demand -- if the demand cooled in october, it accelerated in november and then december and can denude. what's not to like? the only reason growth seemed to be slowing as they are up against or difficult comparisons. stephenson laid out explicitly. we are continuing to see strong demand for travel. i think we will see a very robust demand for airbnb's versus just buying other things. that's services versus goods. the real swing factor was when management spoke about the next phase of the company's growth. cofounder and ceo explains how

the company has spent the last three years perfecting their core service. and it's working. pointed out that host cancellations increased 33%. during something right. two thirds of hosts offer discounts for week or month long stays which helps with demand. now that they've affected the core service, they want to, quote, expand beyond the core," and that's what all the extra investments are about their making an aggressive push. they're not going to switzerland, belgium, the netherlands in making investment in ai. it does me no pleasure to say this because i've been back. the comments about expanding felt vague. in the prepared remarks, he says we always believed they were destined to offer more than just a place to stay but did not give us more about the company could do.

on the subject in the q&a session, and he gave a much longer answer about how he feels the new lass of generative ai applications are not compelling but he did not say what airbnb we use ai for other than urban core home booking services. too vague. this feels like much more of a leap of faith story than it used to be. that says a lot. it took a ton of to stick with airbnb over the past couple years. that has some reward. once the stock started roaring higher at the end of last year. now they are asking us for another leap of faith. that's a stretch. i actually am willing o stick with it and sometimes there's businesses where you have to put your support and sectors you trust. he is the real deal and his team have earned the benefit of the doubt. i don't know anybody who wants to register a stock that was up 33% in three months time. here's the bottom line about what's becoming more convoluted situation. airbnb give us a lot of reasons

to feel confident about strength and travel. and ultimately, we did not get what is many reasons to feel confident. they want to pivot back to growth mode but we don't have any specific plan that lays out what they are investing in. i believe in brian and his vision even when i don't know what the vision is. it's a more complicated story than it needs to be or than it was even just a few days ago. it's a trust but verify situation. let's go to chris and georgia. >> hi, jim. thanks for taking my call. thanks for all that you and your great staff too. we really appreciate it eric >> they are very good. yesterday, they were great in philadelphia. it's my hometown. >> shout out to my beautiful wife charlene on valentine's day. >> definitely. >> and got a question i've had for quite a while now. just over 9%.

got a great dividend in history with increasing payouts over time. my question is now a good time to consider adding algae to my portfolio income as we approach retirement? >> i am concerned. if it's not good, when it's good for mohawk, builders first source, i don't know what to say. to me, it should have been good. maybe the time has passed. i'm going to have to say pass on like it and plat. i used to think it was such a great company. douglas in texas. douglas. >> four-time caller, fifth time calling to engage your intellect. love discussing economic theories. today it's all about united airlines. despite being a hated and ministry of losers, they've discovered the best nd brightest star. a share of $10-$12 this year.

southwest only makes a measly $.76 per share with 48. why the drastic discrepancy? if fundamentals matter number should be a $400 stock for should southwest airlines be a penny stock? >> that's a fascinating piece of analysis. southwest has not done well. scott kirby has done a fantastic job. i'm not a big fan of the airlines but i will tell you this. i think for a trade, you are dead right with ual. it's a good one for a trade. i'm willing to ride it out with airbnb because i believe in the leadership team. this has gotten more complicated than it was a few days ago. keeping an eye on it. cisco. what can communication tell us about the state of the infrastructure in the u.s. and why is it dropping? chatter out of the fed officials is wreaking havoc on

the market, frankly. i have a message that they don't want to hear and you don't want to miss. then the rapidfire edition of the light round. so stay with cramer. fresh, warm hot dogs! when i'm not selling hot dogs, i invest in a fund that advances innovations like robotics. fresh, warm hot dogs, straight out of my torso! one for you, one for you. oh, you're a messy one. cool, right? so cool. anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. hot dogs! fresh, warm hot dogs! before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com.

when cisco reported back in november, the four-year forecast got obliterated grid now coming back. it just kept going up. i was hoping management really wanted to reset expect haitians and get rid of all the negativity out of the way i had of time. that's what the stock was telling me. i guess it was not telling me

the right story entirely. when cisco reported the close today, it once again delivered a other results with tough guidance. they got their forecast for the second year in a row. i plan to layoff 5% of the workforce as part of restructuring. announced layoffs. the enough. we go to the chairman and ceo of cisco. mr. robbins, welcome back. >> for having me. to see you. >> you are very straightforward last time. you said it's going to be a bit of a turn. not happen as quickly as i know i wanted it. it sounds like after this quarter you're still not necessarily there in the core business. may not be turning around even this quarter. >> there were theory things that we really saw. we saw -- first of all, more caution with our customers this quarter than we saw in the prior order, which led to a teams expressing more caution in their forecast and therefore we have more caution in our

guidance. the second thing is this whole notion of these elevated inventory levels that we have with our customers. the consumption of all this inventory is taking a little longer than we expected. that the second thing we saw. the third is the continued weakness in our service provider telco and cable segment which orders were down 40% of the quarter. these three things lead us to revise guidance for the rest of the year. but we do believe that we will get through this inventory consumption issue by the end of 2024 and hopefully, the other two issues resolve themselves soon and we see some good times ahead. >> let me put a different spin on it. one of the reasons why i like the story for 2024 is you are a company that i like very much. i like the ceo. he did a fantastic job cleaning up. once the deal closes, we are not going to be sitting here talking about service provider orders. >> i think you're right but we

did announce today on our earnings call is that while it is still contingent upon final regulatory approval, because of the pace we have seen with regulatory approval, we are going to close it towards the end of calendar q1 or very early in calendar q2 is the expectation. certainly much faster than anticipated. then we get excited about the opportunity to drive the integration around our cybersecurity capabilities and observability capabilities think we are going to bring some unique solutions to our customers did >> i know that people say come on, everybody is with jensen. yes. he's a great spot person for ai. but there are deals that are made that are actually additive to the companies he partners with. i know when i said by service now, with bill mcdermott and the stock was a couple hundred,

you were together, what are you talking about? >> jensen actually approached me about a partnership. what he really wants to do his partner together to build integrative technology stack that simplifies the enterprise experienced applying advanced ai workloads. we met first in november and our teams worked for three months on defining what that is. we will take that technology and continue to revolve and build next-generation after next generation of capabilities. the plan is for us to leverage our enterprise to go to market capabilities. our sales force and global ecosystem of channel partners to deliver and install that technology and get our enterprise customers running their ai workloads in a much simpler way. we are excited about it. we think it's going to be a real talent for us as we get going and we think it's going to be a great heart ship >> one likes to see layoffs but we saw when amazon did some layoffs, when meta-did some layoffs, it changed the profitability of the company. could this make it so that the

earnings decline might be softened? >> first of all, we never make these decisions lightly. we know each other well and these are tough decisions that will be made and we will be spending employed -- time with their employees over the next couple of days. because of these issues that we talked about, we have to adjust our expenses and that's what we've done. it won't be easy but we'll get through it. >> i've been listening to the talks over cadence. it seems that there is a bit of an air pocket right here. i'm trying to figure out why, if ai is o exciting and there is so much going on, there could be an air pocket in terms of ordering equipment that had to do with ai. any thoughts on that? >> well, we've heard from some customers. i haven't heard rom enough to say that this is a definitive trend. we have heard from some customers that they are holding back on some budget to be

better prepared to actually invest in ai as they evolve and file is their strategy. there could be some truth to that. from our perspective, the network infrastructure is largely driven by this consumption issue that we see. and a little bit of caution with all the dynamics going on around the world in the middle east and europe and elections around the world, i think is a lot of things that have people waiting and being more cautious than 90 days ago. >> i'm concerned about the service providers. i don't know how you can be in a vibrant business with digitization happening all over the place and the speed of change and have that decline of orders to cisco. it seems to me they must think there is much less of a future than we might have thought a couple of years ago. >> these have been great customers of ours for a very long time. we spend a lot of time talking to them. i would say that over the years we have always seen -- they've

seen complete revenue streams disappear and then a rally and research. i would never count them out. we've spent a lot of time right now talking about different solutions. we can take the market within and focus on enterprise services that they can deliver. i think we will get through this and over time they will see that 5g applications coming to fruition and it will be fine. >> it's great to have you on. i think the real news here in this quarter is that this will close sooner than i thought. and you can work some magic and i know you will. chuck robbins, chair and ceo of cisco. "mad money" is back after this. figure umbrellas and tea up your toughest questions. jim cramer takes on the lightning round next.

lightning round sponsored charles schwab. trade brilliantly. >> it's time for the lightning round. and then the lightning round is over. are you ready? the lightning round, let's start with jordan in georgia. the initial review. absolutely love the show. what is going on with mara in relation to -- >> these are all but gone. they will start going off. if you want to own itcoin, you

should own bitcoin. that's my gift to you and happy valentine's day. let's go to john in minnesota. here's the question. if that's 700 home runs it's to the hall of fame, then the way you raise everybody up every day, you're a hall of fame american. >> thank you. thank you very much, man. i was going to think if he was going to guess which geyser just to hit all those home runs. but no, you're just being straight. thank you very much. >> have a question on walgreens and i will hang up now. >> speaking about it with jeff, my partner in the investing club. i liked it so much that we have to buy it now for the trust. got to wait another quarter. we do think it's coming near to where it's bottoming. is my gift to you. brian in massachusetts, brian. >> what's up.

here from boston. >> hi, what's up? >> i was just wondering your thoughts on the restaurant group. serving of the profits. looking for the long term here. first watch. going to betray my ignorance. i should know first watch. i don't think so. i have an apple watch. let's go to irene in virginia. >> hi. first time calling here. my favorite thing is a cup of tea with a side of "mad money." >> oh, thank ou. >> the stock lost value in the last two years. talking about zoom. a return of minus 18%. >> i know. just so tormented. such a great company.

such a fabulous ceo. $60 in cash for his $64 stock. it drives me crazy. sometimes you want the good guys to really win. can't think of the thesis to have it happen. let's go to jeff in new york. jeff. >> got a position in anheuser- busch. >> i like blood, tap, constellation brands. people don't seem to like the beer companies. this is what i would go with. we have the lightning round. >> the lightning round sponsored by charles schwab. coming up, leave the refs to the rock stars. how fed officials can help home gamers next.

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part and parcel with a portion of the market that i do not like. we talked about how the inflation is not as bad as the reading might lead you to believe. governor christopher waller speaks. he will probably be a win for the bulls, too. who knows what the influencer will have to say? i call these officials influencers. maybe they need more instagram followers. not sure how we suspend the first amendment rights. stop giving speeches and start being in the eyes and ears of the respected areas. everyone, and i mean everyone, is more harm than good. it's needless to do

unpredictability and they are following blindly, doing us no favors york instead, they should speak with one voice. right now we have a very powerful chief who should take the counsel himself. everything you need to know during the press conference, releasing a statement. maybe he is one of the influencers. maybe it doesn't. maybe he was able to put it in a broader context that others don't see. it's strange to me that investors don't seem to see how he operates. he's a decent guy who is worried about how working people are doing. how they can maintain their savings well putting food on the table. the food can't be too expensive. and the cost of shelter. inflation to see if your savings will be betrayed by inflation. no savings without a job. going easy with high unemployment. we have a fabulous labor market so we can focus solely on

inflation. something potentially could happen at least in the retail portion of the economy. we are not there though. instead of cutting rates ahead of time, the risk being that inflation starts rampaging again. you don't know this but i used to help a fed official very high ranking one with his finances. he made it clear up front that he would be a lousy client because ethically, he could not have known anything other than treasuries. asked if he could buy paper once thomas said no. asked about the future so we could know where he wanted to be in the yield curve. says it was none of my business. how was i supposed to help him? he told me to work it out myself. it was not going to betray the job. he only spoke to the chairman about his view and that's it. these days it sounds extreme. that officials were not rock stars back then.

they shouldn't be financial rock stars now either. if you want to e a governor or regional president, forfeit your right to cause havoc, discord and confusion in the markets. it's a shame that's not the role already. we'd be much better off when we just listen. did not have to hear the discourses of the rest. i like to say see . right now a serious national security threat. a warning briefly spooking stocks. we will get answers. a bull run on chickens? one stock flies. we will name it. and it loves you not. congress giving an unwelcome news to some married couples just in time for