is he still scaring you away from starwood?lem with the ceo, who he may have declared the dividend twice, if he scares me, i'm not on board. because everybody else can bring him down, even if he is doing well. and that's why i said you know what? i used to endorse this thing for many years. but it's done absolutely nothing. it's not like i missed anything. you get the dividend. but i want more than a dividend if i buy stocks. i want to get a high yielding dividend, if i want a big dividend, i'll just go buy a buy. i don't need the extra risk from being in an industry that this man tells me is not doing well. let's go to hunter in arizona. hunter? >> caller: happy monday, mr. cramer. >> oh you bet. how about you, hunter, what's happening? >> caller: work discord. i want to know what you think about mwp? >> no, no. i think that yield is too high. that's a red flag. i wouldn't touch that thing. please don't touch it. jeff in connecticut. jeff? >> caller: yeah, jim, long-time listener, first-time caller. your show is great. >> exce

>> caller: jim, another barry much smarter than me with starwood properties.estate, especially the office, can he hold that almost 10% dividend? >> i think he can. but he has scared me out of recommending his stock. he came on. he said there will be a bank that might fail every single week. i can't recommend his stock. so he has to be a little bit more upbeat for me to think that his stock is worth buying. he talked me out of his own darn stock. let's go to mike in michigan. mike? >> caller: ba-ba-boo-yah, jim. how you? >> excellent. i'm doing well. how about you? >> caller: i am living the dream, man. >> excellent. >> caller: hey, i need your help on a value stock that i bought earlier this year believing it would benefit from infrastructure investment and autonomous agriculture. unfortunately, the company sales dropped 15% last quarter and it's working off excess inventory. john deere is trading at a near historical level from the pd multiple standpoint. should i continue to run with the deere? >> i don't want you to sell it be, we have struggled mightily tr

there was a spike after starwood changed their distribution model.ome down from that 50%, and we're seeing this month redemptions coming down again month-to-date. really, it's about, do you deliver on your propositions for investors? what we've been doing as a firm for 40 years. do we deliver strong performance? do we deliver on the liquidity and structure? and so far all of that is working quite well. >> jon, help clear up one thing. a valuation around the reit. questions about it. a story about a month ago that bloomberg put out. you had sold one of the student housing businesses to kkr, and it was right before your earnings and something that was used and touted to say, look, valuations are at the -- you know, selling these assets at above the levels of the, the nav, if you will, however in this particular case it appears when you did that deal you also provided financing at potentially below market rates to kkr and the buyers. so some people looked at that and said, well, what is the valuation? are they actually getting the same valuations that t

joining us right now is somebody we ran into last night, barry sternlicht is the chairman and ceo of starwood everyone else is doing. going to see as many events as possible and running into people like you guys. and ad libbing it. >> yeah, it's -- it's interesting, because it's been a crazy busy news cycle up to this point. things have maybe slowed down, as we hope people are taking a break to watch some of these games and see what's going on, but there are all of these things in the backdrop in the markets. you've got a fed meeting this week with the announcement coming tomorrow. what are you anticipating hearing? what would you like to hear? >> i think by now, everyone knows what i would like to hear. finally, the data is showing up, as we expected it to. you have core inflation below 2%. if they take out the rent component, which they should, and i think my whole industry has now rallied behind this war cry of like, why do i use old data for this one component of cpi. which is the rent component of the cpi. so, i hear it more and more. i know people are talking to the fed, like, everythin