stay with cramer. >>> don't miss a second of "mad money." fol @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. (vo) with verizon, you can now get a private 5g network. so you can do more than connect your business, you can make it even smarter. now ports can know where every piece of cargo is. and where it's going. (dock worker) right on time. (vo) robots can predict breakdowns and order their own replacement parts. (foreman) nice work. (vo) and retailers can get ahead of the fashion trend of the day with a new line tomorrow. with a verizon private 5g network, you can get more agility and security. giving you more control of your business. we call this enterprise intelligence. from the network america relies on. my name is brian delallo. i teach ap and honors economics in pittsburgh, pennsylvania. financial well-being to me is knowing that i can be free to do the thin

"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 entertain you but to educate and put days like today in context. so call me at 1-800-743-cnbc or tweet yes mt. jimcramer. well, it sure took long enough eight rate hikes from the fed. a couple 25 basis point hikes, two 50s and four 75s delivering with the speed of a machine gun. yet fed chief jay powell hasn't hit anything until today. today we realized that the speed of the rate hikes is threatening commercial real estate, crypto, and the whole startup economy thanks to the closing of the ipo market that's a real casualty of this fed tightening cycle so what happened to today? what caused the reversal from the usually green board in the morning to a board that's drenched in red with the dow plunging 544 points, s&p plummeting 1.85% and the nasdaq nose diving 2.05%? simple the bank stocks collapsed. all of them. big. small. regional national lending. savings. it did

cramer. look, you can't always get what you want but if you you try sometime you just might find you get what you need and that bit of sage investing wisdom by the rolling stones came true today. sometimes you get your head around truly emotional markets like this one you have to fall back on a simple narrative that can at least put things into context that you can understand. see, we do know that the bulls and the bears go at it every single day on wall street but today the bulls got exactly what they needed to win confidence at least enough confidence to force those betting against this market as they have endlessly to throw in the towel and that's how you end up on a day where the dow rallies 372 points the s&p jumps 1.76% and the nasdaq zooms 2.48% wowsa. of course it's no secret this market has got mold, it's got rot underneath and it all started surfacing last week, perhaps one of the most momentous weeks since the christmas eve massacre for the bulls in december of 2018. back then the

cramer breaks down ulta's rosy earnings report, next. (torstein vo) when you really philosophize about it, there's only one thing you don't have enough of. time is the only truly scarce commodity. when you come to that realization, i think it's very important that you spend your time wisely. and what better way of spending time than traveling, continuing to educate ourselves and broaden our minds? (woman vo) viking. exploring the world in comfort. you'll always remember buying your first car. but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. at t. rowe price, our strategic investing approach can help you build the future you imagine. the first time you made a sale online was also the first time you heard of a town named... dinosaur? we just got an order from a dinosaur, colorado. start an easy to build, powerful website for free with a partner that always puts you first. godaddy. tools and support for every small business first. >>> we need to talk about ulta beaut

"mad money" starts now. >> hey, i'm cramer. welcome to "mad money."come to cramerica. ♪ haz,clujah ♪ other people want to makesn■ friends. my job not to entertainçó but educate, teach, put in perspective. call me. 1-800-743-cnbc. tweet me @jimcramer. we are back into the european hostage game where if a european bank catches aw3 cold we can gea pneumonia. but unlike europe we give up thatxd pneumonia the moment the markets close, which is how you can end up doing pretty darn well after a horrible çóopening. our÷■ market opened down huge because of worries aboutçó the health of the german colossus tq deutschebank. then we rallied hard with the dow onlyq finishing up 132 poins s&p gaining, nasdaq advancing .31%. quite a comeback from what looked like a real bad e1friday. i think some of this is because deutsche bank is not nearly as bad as credit suisse but some of it's because hey, we don't live in germany.çó we know our traders are worried about a credit suisse situation where you leave on friday and the bank's functioning with a $17 billion valuation

lily. >> hi, cramer. your help, love your show. >> thank you. >> i have amt revenue. >> another downgrade today, yield 14%. when you're reaching for yield like that, it says to me something could be wrong. that's not a yellow flag. that's an outright red flag. let's go to dave in my homestate pennsylvania. dave. >> hey, jim. big booyah. >> good to see you, dave. what's happening? >> my question is for freighter battery symbol frey. >> we don't recommend stocks that are losing money because it's just too dangerous at this very moment. even if you had a very bullish end of the quarter, i don't recommend stocks with the oscillator up six and then have bad balance sheets. let's go to mark in wisconsin. mark. >> dr. cramer, thank you for taking my call. >> you're welcome. >> i'm looking to add more of this stock, roger federer's shoe company ticker symbol onon. >> a 16-year-old kid came, in nice fellow, and i said listen, i know you like nike, but i think you should like on. these teams recognized on is a good

"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 entertain but educate and teach you about stocks so-call me at 800-743-cnbc or tweet m me @jimcramer. every morning so many people come into the market with the same attitude, maybe today is the day interest rates go down and the rate goes higher it didn't pay off with treasury yields marching higher, the dow edged up five and s&p lost 4.7% and the nasdaq shed 6.6% these buyers can't resist because they can't believe the benchmark ten-year treasury has a 4% yield i get it the ten-year was 1.7% a year ago and couldn't run so much so fast and 2.5% in late march and hit 3% a month later as it became clear the fed would get increasingly aggressive in the fight against inflation by mid september, talking about 3.5% and peaked in february -- sorry, october 4.33 4.33 keep that number in mind at that point we saw signs that the fed was beating inflation and the economy was

time for the "lightning round" on cramer's "mad money."h eric in ohio eric >> caller: jimmy chill, a big buckeye boo-yah to ya from cleveland, ohio. >> bring it on come on, hit me. >> caller: thanks for all you do for us retail investors. my question is about a company you've liked before. their last quarter was good with an earnings beat they got a p/e of 32.06, dividend yield of 4.91 is crown castle a buy? >> i read the piece. took a really long time. it shorter but i like it here you're right it's finally keeping up. can we please go to brent in california brent. >> caller: hey, jim. brent here first time, long time. hey, i recently took a small position in zim integrated shipping net income's up. profitability's looking good and the free cash flow -- >> no. net income's not going to be up. and it's losing money. and i don't want you to be in it i've been right about the shippers for a long time and i'm sticking with my negative view i'm sorry. can we go to betsy in california, please betsy! >> caller: hey, jim. i love all your books, b

"mad money" starts now hey, i'm cramer. welcome to "mad money. call me or tweet me @jimcramer if the consumer is confident then i'm confident at least about business we are a consumption based economy in this country. two thirds of our commerce revolves around the consumer, so what matters most is whether the consumer is tap out, fatigued, worried, or just still -- right now you can feel the confidence of a the system. s&p gained 1.6% and nasdaq jumped 2.14% what a come back an hour before the close. don't kid yourself these are actual runs. lack of confidence is behind the big decline in retail spending those numbers have just been awful. we're out of confidence when it comes to real estate few executives seem willing to force people back to work in person of course, though, there's still big pockets of confidence and we've got plenty of them wave got number from small business index this morning. we know housing and auto, and travel it seems it goes to no end. i call that the long on money short on time trade. as people looked into the abyss of

tweet cramer #madtweets. send jim an email to madmoney@cnbc.com or give us a call at 800-743-cnbc misso miss something head to madmoney.cnbc.com. >>> what do you do with fast growing tech companies putting up fantastic numbers and the fed putting up the inflation take crowd strike, the cloud native cybersecurity from the likes that became public they racked up huge gains from 2021 and plunged lower by the time it bottomed this january it lost 69% of the value. since then the stock made a comeback from 92 just under 129 in roughly two months. and last night crowd strike reported a magnificent quarter beating expectations on every key line, very strong guidance for both the current quarter and full year. management sounds incredibly confident about the future tremendous track record. reporting 15 times since becoming public and never missed sales earnings estimates but a tricky environment for fast growing security cyber outfit. what is it this time when the fed is talking tough, what does it mean and will it h

tweet cramer send jim an e-mail to f■ madmoney@cnbc.com. you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore you round of a-paws at&t 5g is fast, reliable and secure for your business. ♪ icy hot pro starts working instantly. at&t 5g is fast, with two max-strength pain relievers. ♪ so you can rise from pain like a pro. icy hot pro. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire bridgett is here. matching your job description. she has no clue that i'm here. she has no clue who's in the helmet. are you ready? -i'm ready! alright. xfinity rewards creates experiences big and small, and once-in-a-lifetime. >>> this morning the chair and and ceo of macy'sw3■announced he was stepping down in february of nep■ year and handing over his po

it is a pair of etf's, the inverse cramer tracker. his pigs and then he buys companies that he recommends. on the others, you have the long cramer tracker etf. that will back the shares he likes and ditch the ones that he does not. it's a way that you can trade alongside with or against jim cramer. i think it's interesting the way this portfolio comes together. the portfolio manager behind it, they watch tv all day. it sounds like a great job. alix: they watch mad money and put it in the etf. why can't people do that for themselves? katie: it's a lot of work. this is an extreme example of an overly managed fund. they watch him in the morning, the evening his twitter all day. it sounds kind of fun. guy: has there been any back testing? katie: that is unclear. apparently, they have had paper trades going on since january. unclear how it performed. i'm not sure if this should be the core of your portfolio but it is fun. guy: it would be interesting to know if there was a paper trail surrounding all this. it would be tricky to do with the

stay with cramer. >>> don't miss a second of "mad money" and follow at jim cramer on twitter. have a question? tweet cramer @mad tweets and send him a email at madmoney.com, and miss something? go to mad money.cnbc.com. (whistles) yeek. not cryin', are ya? let's tighten that. (fabric ripping) ooh. - wait, wh- wh- what was that? - huh? what, that? no, don't worry about that. here we go. - asking the right question can greatly impact your future. - are, are you qualified to do this? - what? - especially when it comes to your finances. - yeehaw! - do you have a question? - are you a certified financial planner™? - yes. i'm a cfp® professional. - cfp® professionals are committed to acting in your best interest. that's why it's gotta be a cfp®. find your cfp® professional at letsmakeaplan.org. i think i'm ready for this. heck ya! with e*trade you're ready for anything. marriage. kids. college. kids moving back in after college. ♪ here's to getting financially ready for anything! and here's to being single and ready to mingle. who's ready to cha-cha?! lomita feed is 101 years old. w

cramer: thank you, well done. mr. chairman: thank you, senator cramer that reminds me of my heisel football coach who said he wanted us to be mobile, agile, and hostile. [laughter] i'm not going to go into our record. our team motto was were small but were slow. senator gillibrand. sen. tillis: brain >> can you speak to the ability to leverage funding and service capacity would impact the space force space launch efforts? gen. saltzman: yes ma'am, thank you. we have grown our capacity. from what i remember the 10 12 launches we are getting close to a hundred lunches a year and most of that is commercial launches so the infrastructure that we are providing is being used and it needs to be refurbished on a more regular basis then what i call the old days. i think commercial industry understands this and they are trained to figure out the best way to support and now we have to look for the contractual and legal mechanisms to make sure that we can maintain that infrastructure. our investments started us on that path. we'v

. >>> hey, i'm cramer. welcome to "mad money." try to bring you some money. my job is to teach you so call me. no. no. the banking crisis isn't over. on the other hand, at least it's a way to handle troubled banks. downgrading this from crisis to jam. that's what happened today when we learned some medium sized outlet named first citizen's bank shares took over the failed silicon valley bank branches. loans and deposits. it's a sweetheart deal. 72 billion in loans at a discount. 90 billion remain in receivership. i think a lot of the silicon valley bank loans are going to turn out to be good ones. no wonder first citizen saw stocks soar nearly 54% today. why was dow down? i'll go into that relationship in a second. is this a solution for a bank run problem? i wish. the reason the deal worked is that the government already owned silicon valley bank after taking the stock to zero. this kind of thing can happen in receivership after a bank has already failed because that can omit a lot of risk for the buyer. our system isn't ready for a wave of payers. that's no

call me at 1-800-cnbc, or tweet me at cramer. the fed may be almost finished raising interest rates, but not for the reason we want it. instead of cooling inflation, we got a bank fraud with the promise of more if the fed does not stop being so aggressive and start worrying more about bank shutdowns and seizures. these are certainly inflationary issues. the market reacted like it may have to be more circumspect next week. >> wow the only closed, the nasdaq still that 45%, which is what you would expect when worried about rate hikes. yet, it took a fistful of bank failures, and no doubt a few bank failures more to called short-term interest rates to plummet. the feds almost done, or might even finish, actually finish with tightness. if that is true, absolutely ridiculous. that is a mighty big if. the original bank stocks never stop falling. at the end of the day, it is hard to rally when the first republic is down 62%. western alliance is down 37%, comerica and kiefer, wow, 28 and 27%. zion down 27%. first horizon, supposed to be

cramer was not a senator nor on the committee during the great recession in 2008. but what viewers might not know, new regulations were passed in the wake of that financial crisis. in 2015, the president and ceo of silicone valley bank, greg becker, pushed congress to reduce scrutiny of financial exemptions, exempting more banks, resulting in a bill that was signed by then president donald trump. so my question is, by weakening those risk checks, did congress essentially pave the way for this bank collapse and if that's a fair assessment, what are lawmakers like cramer saying now? >> well, in fairness, we don't know yet if that's why this happened. i asked senator cramer, because he was the co-sponsor of the bill that weakened this bill, and he wasn't ready to say that that was the case. but he wasn't ready to say he was fully right either on that. i think everybody is trying to figure out what went wrong here. were these bad decisions by the bank? was this bad acting by venture capitalist firms led by people like peter teal? is this the first bank run caused by a

"mad money" starts now. >> hey, i'm cramer. welcome to "mad money." haz,clujah ♪ other people want to makesn■ friends. my job not to entertainçó but educate, teach, put in perspective. call me. 1-800-743-cnbc. tweet

mat money starts now hey, i'm cramer. welcome to mad"mad money."cramerica other people want to make friends, i'm trying to save you money. my job is to put crazy days like today into context call me 800-743-cnbc or tweet m

stay with cramer! >>> don't miss a second of "mad money." followe1 @jimcramer.ney@cnbc.com. or give us a call at 743-cnbc. head to madmoney.cnbc.com. [office sounds] ♪upbeat music♪ ♪♪ ♪when the day that lies ahead of me♪ ♪♪ ♪seems impossible to face♪ ♪a lovely day (lovely day)♪ ♪(lovely day) (lovely day)♪ ♪(lovely day)♪ a bank that knows your business grows your business. bmo. - psst! susan! a bank that knows your business grows your business. with paycom, employees do their own payroll. - what's paycom? a magic payroll genie? - it's a payroll app. - payroll is way too complicated for the average person. - paycom guides them through it. missing or duplicate punches, pending expenses, unapproved pto, on and on. - why would employees wanna do all that? - this could be a stretch, but i think it's 'cause they wanna get paid correctly. i like getting paid correctly. >>> you know us. what's going to work? even when we're in a bear market like we were most of last year or in a scared market like we are right now, courtesy of the manufacturing crisis. sometimes there is

why jim cramer says if it fails again, it could spell big trouble. >>> and bill ackman may be sharing the rescue, but not everyone what citadel is saying. >>> and the rate hiking cycle now in doubt and they are waiting inflation data to help paint a clearer picture. >>> a crypto crash reversal. as the silicon valley bank rescue brings out the bulls. it is march 14th, 2023 you are watching "worldwide exchange" here on cnbc >>> good morning welcome to "worldwide exchange." i'm frank holland. kicking off the hour with the futures. a wild day of trading yesterday that ended with the dow extending the longest losing streak since back in september futures right now in the green across the board the s&p and dow and nasdaq up .50%. we are also checking the bond market move lower in yields on the heels of the silicon valley bank rescue the 10-year treasury at 3.58 something to watch here. the 2-year treasury yield is 4.173. the spread narrowing in the last day. afte at last check, 58 basis points, reversal that spread was double previously we are watching oil which is impacted by the svb fallo

cramer: the bureaucracy involved, were all about that but we want you to be as agile as you can be top us above the speed of china as i likto say. one last thing, i want to make sure you're getting that, the right policy that don't restrict your offense of abilities. you've spoken to it at some point. again, whether it's the budget or the administration or chain of command. do you feel like you have the right policies in place to both protect and adapt? gen. saltzman: i can assure you there are no policies that prevent us from exploring operations. it's about doing the work, establishing what i call understanding of what the capabilities can and can't do and then we test and learn from our experiences. sen. crame thank you, well done. mr. chairman: thank you, nator cramer that reminds mef my heisel football coach who said he wanted us to mobile, agile, and hostile. [laughter] i'm not going to go into our record. our team motto was were small but were slow. senator gillibrand. n. tillis: brain >> can you speak to the ability to leverage funding and serce capacity would impact the space

"mad money" with jim cramer starts right now. "fast.ts 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 entertain but to educate and to teach you. so call me at 1-800-743-cnbc or tweet me @jimcramer. look, you can't always get what you want but if you you try

is there a gop alternative republican senator kevin cramer of north dakota who is also a member of thebanking committee joins me next. viewers age 50 to. have you thought about getting life insurance to help your family with funeral expenses, but worried it would cost too much or that you wouldn't qualify? at colonial penn, we talk to men and women like you every day. and today i'd like to share three questions they often ask about our guaranteed whole life insurance. i worry about the cost. can i get this coverage on a fixed income? (jonathan) can you get this coverage on a fixed income? yes, you can. options start at $9.95 a month. that's less than 35 cents a day. and the good news is they won't ever increase. a lifetime rate lock guarantees it. i'm not in perfect health. can i get this coverage? (jonathan) can you get this coverage if you're not in perfect health? yes, you can. the truth is, you cannot be turned down for any reason. your acceptance is 100% guaranteed. at colonial penn, we believe your health is your business, and we respect your privacy. we don't require a medical e

. >> icann cramer, benji i would like to follow-up, can you tell us a little bit more about the historyt you had before and why do these filters clog and what are you going to do preflight in the future to make sure that they are not clogged againgg close enough a problem. thanksst. >> sure, that's a great question. with these types of engines with ignition fluid and we've been using it for our markets. the specific issue with the clogged filter is new we were regular maintenance schedule changing of the oil and thean ol filter we regulate change of the filterss of the system to an in this case what we think is probably happening we changed out the fluid and a little bit of air in the system that a lot of her more oxidation to occur. the mixture of the fluid with a little bit of introduction more oxidation. that's what it appeared to be that we were catching and the filter was more essentially oxidative material from itself inat the filter. we expect now to have that cleaned out and done we don't expect that anymore. we will continue to inspect thee system thoroughly and now that is in-

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"mad money" starts now >> hey, i'm cramer welcome to "mad money. want to make friends. i'm just trying to make you a little money my job is not just to entertain you but to educate and put days like today in context. so call me at 1-800-743-cnbc or tweet yes mt. jimcramer. well, it sure took long enough eight rate hikes from the fed.

time to look at that and reach that wide consensus for as joined the doubly correspondence tonya cramer in jerusalem. welcome back. atanya is as likely to be enough to satisfy protesters. why i think it a pansy you asked freely so to night we had also protesters from the writing or rather from the far right parties that had called you know, to come out. these are the supporters of the controversial traditional overhaul their quality reform rather. and they were, maybe not all of them were happy that there will be postponement at the moment or of this reform. but again, i talked also to opponents of this traditional overhaul, and they have been saying, no, we have other skeptical, and they want to know what this di looked at a prime minister benjamin netanyahu talked about what this will look like. and we also heard from the a protest leaders of the, the opponents of this traditional overall they have said that they will continue to go out on the streets and to call for protests what has stopped. so what he seen today, you know, this unprecedented genuine strike that has stopped really l

next ♪ >> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerdavid faber at post nine of the new york stock exchange the bulls are looking for a reset. futures, though, have lost some gains. china's pmi comes in hot, best manufacturing number in over a decade yields are higher today. our road map begins with the first trading day of march, dow and s&p coming off the second negative month of three. >> it is tesla's investor day. this is elon musk lays out his long-term vision the stock, by the way, up almost 70% year to date >>> we'll also round up another busy morning of retail reports, lowe's, dollar tree, kohl's, ross lot more >> let's begin with the markets as we kick off this new month of trading, jim certainly, the yield picture is not offering any new relief with the flip of the calendar >> no, no. it's not just talking about how frustrating this market's become, but look, rates tick up. everything you wanted to do, everything you were thinking about, everything that's reported is now muted, so yesterday, great example, brian cornell did a

we'll take another question in the room. >> hi, ken cramer, space up close.my question for steve or kathy, probably. what is the future of crew swaps with roscosmos? you have an agreement now, i think it was for two or three. this is the second one. so what's happening beyond that? how are negotiations going? what's the future of astronaut flights for the uae, thanks. >> we currently have an agreement with roscosmos for one crew rotation mission a year on spacex. we're actually in the process of updating that to add the crew-7 mission this fall and working that through the russian government and then back through, obviously, our side of -- and to get final agreement, but that's our goal to get and to be able to support integrated crews. we've talked a lot. i know you guys have heard a lot why we think that integrated crews are important for us to maintain the best logistic support to iss. so with addition of the crew-7 agreement we would have coverage for crew-7 and crew-8. and eventually at some point, when we have gone through our crew flight tests with boe

coming up we'll get jim cramer's take on this morning's premarket selloff.what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq my name is joshua florence, yeah... oh. and one thing i learned being a firefighter is plan ahead. you don't know what you're getting into, but at the end of the day, you know you have a team behind you that can help you. not having to worry about the future makes it possible to make the present as best as it can be for everybody. (swords clashing) -had enough? -no... arthritis. here. aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. >>> oh my, oh my, we're going down to the new york stock exchange now jim cramer joins us. we're looking at the markets, got -- i was about to say marginally better, but not much. we're looking at credit suisse off 30% this m

acquisitions like slack and tableau and so on and so forth and bringing in bain to reassess everything cramersked him last night, does this mean more layoffs? he didn't really say necessarily yes or no. he said just about everything else but layoffs but to me, that's on the table as well, as more cost cuts are on the table it's all about margin growth, profit growth, not so much revenue growth >> there haven't been many times i heard a ceo say on the record that they would rule out completely any kind of a job cut because it takes away their flexibility. they've done that before and had to eat crow later. you don't want to do that. you don't want to back track greg, we'll toss the next one to you here was it enough to make you feel positive about this? is this a good story going forward? is this enough to be a long-term catalyst to the upside >> yeah. thanks for having me we think it is it's interesting because there were a lot of folks who started to perk up around the margin opportunity following the head count reductions that were announced in january that you referred to, real estate cons

. >> jpmorgan went green cramer's been saying watch j&j, the most pristine balance sheet on the s&p elevated vix back up to 24 and change as we said earlier, the fed's next rate hike is in focus after today's pretty good jobs number but the fallout in the banks is adding to that the financial sector shows some cracks a chance of 50-basis-point hike jumped to 72% on wednesday following those hawkish days of testimony from the fed chair now down to just 30% let's bring in steve liesman man, we thought they had a lot to absorb a couple of days ago, steve. it jets more and more complex by the day. >> you have ever seen anything that as wiped out, essentially, the testimony of the chairman? if you could put that three-bar chart up, it's like it never happened and i can show you three or four different charts that have completely gotten rid of it. we were at a 23% probability on monday actually, if you go to 9:59 a.m. on tuesday, it was right around there. then 72% where it becomes not only the odds-on probability they'll hike 50. now we're back down as if the chairman didn't speak. and i think wh

cramer: i completely agree. i think you need to ask the banks to the overall reaction. with regards to what senator warren was saying on her monologue, one thing about -- they have the luxury of binary choices. you have a really big job. you have two missions. i think the first one handles of the second one ok. it has got to be tough when the white house is working against you. thank you, mr. chairman. >> thank you for being here today. thank you for serving in this critical role at this critical time. i have talked many times in this committee. i especially right now cannot overstate the importance of the fed's independence. i said it in the previous administration, i say it now. we cannot be playing politics with our economy. that is a fact. from a climate standpoint, i would tell you it is artificial right now. if you look at the billions of dollars this country puts out every year in disasters due to climate instability, we ought to be asking our question is that sustainable. it has to be done and i do not think it is sustainable. we have to start looking at solutio

. >> reporter: steve cramer monitored the winds from hayward, wondering if his intuition was correct as he pulled away from the parking spot where the tree fell. >> remember hearing about the trees going down. one day these are going to come down, i left this morning, come home and sure enough they're down where i park. >> reporter: another neighbor wasn't so lucky. the trees smashed two of his cars with only liability insurance. he hopes whoever owns the tree will cover the damage with their insurance. caltrans pulled in to take pictures. the man told me the tree did belong to the state in the right-of-way along i-238 bordering the complex. more trees fell in oakland hills and in one case on a fence. damage was minimal, no injuries. the damage more significant here. the people in these two homes will not be able to return back to the homes until they're inspected and deemed safe. live in menlo park, thom jensen, nbc bay area news. >> this is also the first major rainstorm for families since returning home five days ago after evacuation because of flooding. the community got to work

"mad money" starts now hey, i'm cramer. welcome to "mad money.er is confident then i'm confident at least

"mad money"xd■1 starts now.Ñi■ >> hey, i'm cramer welcome to "mad money.just to entertain but educate and teach you.Ñ■ call me or tweet me. when the

"mad money" with jim cramer starts right now. >> my mission is simple, to make you money. my job is not just to entertain, but to educate and put days like today in perspective. call me. 1-800-743-cnbc or tweet me

next ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramert post nine of the new york stock exchange. david faber has the morning off. market hanging on to gains two-year, 4.12%, vicks still below 20 as we've got higher-profile earnings to watch in micron and lulu our road map is going to begin with stocks up now lulu shares are surging on these results. ceo calvin mcdonald is going to join us in just a few minutes. and micron's rough quarter, reporting its largest loss on record but forecasting some better inventories ahead >>> let's begin with the markets, though, on track for a strong open. jim, the set-up this morning was lower yields, but that turned around >> look, i think the nasdaq situation's very important little bit of a switch in leadership, nvidia, and that's because of chatgpt, but this is a group that's supposed to be going down or going into, say, a recession. there's some people who say, well, you know what? it should do well because the balance sheets are good. that's a false construct this group is not trading on balance sh

that's what happens look, i like wells fargo we're not going to make any money in it, sorry sorry, jim cramer, you're not making money on that it is written, like, the book is written. >> we do have a downgrade today. morgan stanley cut schwab. >> that's a pinata enough. >> you've been saying that. >> nothing to do step on ants. >> they cut the target down to 68 they were at 99. >> i know. i read that and said, well, i guess that's going to hurt schwab again, and then someone from schwab will buy more stock. someone will re-recommend schwab they're a premier franchise in the world, but everybody is reassessing how much they have at a particular bank if you haven't, then you just haven't read the haeadlines why do you have $400,000 at any one place? it just is not worth it. >> right. >> that's what i think is happening all over the country people are saying, you know what, a charity might have $700,000 in community bank now, they have to pull out that much and put it in another bank. no one wants a meeting, "well, why do you have all your money with this community bank"? >> right. >> that's go

his name is jim cramer.1çó live from post nine ae new york stock exchange.t( jim and i celebrate humpday, as we used to call it. what would you call that, jim? i would say, mixed, nothing open. >> yeah. pac west day.xd you want to go with that? right there. i'll do anything you want. carvana day. >> i don't want to call it carvana day. fedxdq day. our road map starts with today's fed decision on interest rates, both banking turmoil, of course, and inflation are the keys. will policymakers calld hike or a pause? ?.áját beating analyst expectations, but an inventory glut promptingxd the company to warn about its margins. >>> and my favorite topic,i] of course, the a.i. arms race. you're going to want toÑi hear what e1nvidi!i told jimÑi about ite1 during la night'sÑi "mad money." also got interesting comments from)■w3billgates. >>> let's get to the markets. counting down to the fed decision on çórates. i think i know where you are, but what are your expectations? what's the market going to do? >> thexd 25 and t

our corresponding tonya cramer took the temperature of some earlier protests and spoke to the people who fear for the future of israel's democracy. one of the many protest happening across israel, this time is really veterans and reserve is have invited the public to demonstrate against the government's plans to change to legal system across the street from prime minister benjamin netanyahu office. she ca, presler a physicist is addressing the rally. these were the scientists baris, that is rose. democracy is in danger. the new government trying to impose laws such that the government will be supreme to basically everything including justice. so while we are here to make sure that such a legislation will never bess, it will take us down below the hungary and poland, and turkey and dire on when to before us. we just want to make sure that this is not happening here as well. just a few 100 meters away at is riskiness at the far right government is pushing through with its plans to trust to curb the powers of the nation's supreme court. parts of the legislation have over the past, the 1

jim cramer joins us right now, and jim, big news this morning with maricy's this seems like it's prettyt the idea they are announcing this almost a year in advance. he'll be there through february of 2024. >> exactly, and i think jeff weathered one of the toughest periods there could ever be in this business. obviously, you had covid you had tourism going down he reinvented the company. he's fixed the balance sheet i wish the stock were higher, but thin agen again, if you loot it versus nordstrom, it's held in there new ceo coming in for bloomingdale's, so yes, it's a sierra smooth transition, but i think jeff will be very much missed when he leaves because he's done a lot for, i would say, for larger issues beyond just macy's. >> he's only 61. i was just wondering, is this a case of exhaustion like you said, he's had a lot to deal with. >> ywell, i don't know he's got a life in him he's got a lot beyond what he's done he's completed a lot of things at macy's. he's done a north star program that's terrific. he's done a good job with e-com, but i think he's also just an inherently intere

." ♪ >>> good thursday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramert post nine of the new york stock exchange. david faber has the morning off. futures steady here for a second day as the market reprices fed expectations two-year, pretty much anchored at five. jobless claims do come in a touch heavy. our road map is going to begin with the markets tomorrow's jobs number will gain added significance >>> tesla under pressure again, now down double digits for the week >>> and the u.s. chamber of commerce says it's time to regulate a.i. technology we will begin with the broader markets as both investors and the fed chair look ahead to the jobs number tomorrow >> if -- and i dress that no decision has been made on this -- but if the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes >> that "if," jim, got talked about a lot yesterday. one of the few things that he added that was new in day two. >> i think there are things that are happening right now that are superseding what h

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