let's bring in tim draper. tim, love chatting with you about bitcoin.alk to us about some of the underlying blockchain technologies you have been interested and investing in. tim: so, as i mentioned, there are a couple of really exciting places where bitcoin, the blockchain, smart contracts, and all of the technologies around them are going to play a big role in transforming some of the biggest industries in the world. already we are seeing it in banking. we are going to see it in commerce, we are going to see it in government, we are going to see it in insurance. speaking of government, it is interesting what is happening in south america. we have a relationship where we have worked with sickness -- cygnus in argentina, but clearly a lot of entrepreneurs are moving to uruguay or el salvador, because there is such a change happening around south america that we feel like there is a big opportunity there. taylor: do you feel like the bc, crypto world is in a bubble? tim: not at all. it feels like a groundswell. it is slowly but surely taking over every i

tim is a columnist, broadcaster, economist.aul podcast called brilliant tales, i encourage you all to check it out. many of the issues going on in the world today constantly. he's also an honorary fellow of the statistical society. welcome to both of you. i want to start by saying to everyone, ignoring tim and jordan are now, how much i love their work and also how much i dislike both of them as well. i want to say this because in the world of nerds and let's be honest, there are these two great pools. the school of those who create ideas and then there's a school of those who explain ideas and most of us are really bad at both but we are poor creators and poor explainers but once in a while you might get people who have certain words on one under the other but to me jordan and tim people like both. there are people reviled in our world because they are so good at what they do. they create ideas, they have this brilliant way of bringing it down to the mortal claim. they've written several works, both researchers different piece

writes had been very close to the forefront in them interested in tim's view of how we did. i would say to me i actually felt like the extent to which both the media and the general public were true to grapple with i would call the mathematical issues involved, it was higher than i would've guessed and i was happy to see that, that was altogether to the good, i wonder if tim sees it that way and what your view is in a different culture context. >> in my book, i'm not going to paraphrase because it won't be the exact quote, there is no problem in getting your audience to understand something the problem is to get them interested and if the interested they could understand anything at all, that's what i'm always focused on what's interesting and what gets people interested if they are interested then they'll do the worst. in the pandemic there was a brief in the lodge 2020 i don't want to minimize that. there was something refreshing as well as somebody who's presented talking about the numbers in everyday life, the thing that i say is refreshing is a switch from the battlegro

last week, i caught up with tim mccullough —— i caught up with tim mccullough for a special journey.ies. so, what have we got, clothes, toys? clothes, toys, and then there 5 a little cot there. maybe that goes in at the bottom. baby supplies as well, yeah? and then the important bit, the green tea. afghans love their tea. that 5 good. ahead of us, a four—hour trip towards the west of ireland, and for tim, having agreed resignation terms with the navy, his first chance to meet the family he had helped rescue from a death sentence. interesting to see what their accommodation is like. you talk about being off the beaten track, this certainly feels like it, doesn t it? this small town in rural roscommon is an unlikely home to several refugee families from war—torn syria and afghanistan. well, ive just dropped tim off with the supplies to meet the centre houses a number of different families, so due to sensitivies, we didn tfilm there, but met in nearby church grounds. it was the initial, as soon as iqbal came out, they... there was such raw emotions of pure joy. i knew they were safe her

tim: yeah.o think at the end of the day, when you strip away all of the political debates and cultural debates, questions of education and class and race, i think that there is a primal cohesion that we have as americans. we love our families and communities. we want to believe that the american dream exists even though historically, it haseen far more attainable for some of us than for others. at the end of the day, what makes this moment so difficult, it underscores everything that we just talked about, is just the institutional crisis we face in this country as far as the lack of faith we have in our governing institutions and our cultural institutions. whether you are talking about criminal justice reform and folks of -- not just minorities but increasingly white voters telling pollsters that they no longer have confidence in law enforcement. whether y are thinking about public education, organized religion, the financial sector and whether they have our well-being in mind. one of the things

tim was ordered not to travel by his navy bosses.dublin airport and hoping to meet them. well, we're not far from the airport now, where, within the hour, we should hopefully be seeing bilal�*s family arrive safely in ireland. their new home. their new place of refuge. before going inside, i put a call through to bilal in australia, who couldn't be there because of covid restrictions. the family were due on a flight from turkey landing soon. 0h, hi, bilal, how are you? very well. can you sort of tell us what it feels like today to be on the cusp of seeing yourfamily arrive? i don't think there is any feeling like this, any word you can describe the feelings that i have, to feel like... to know that your family's out of danger and to know they�* re. . . they're just about to land in a country where they will start a new life, and to know that they are safe, it's very touching. very, very touching. what would have happened if they hadn't escaped kabul? god knows. like many people that have been left behind, you know, by many countries

and also with me is tim harford.is "the data detective" and the subtitle is ten easy rules to make sense of statistics. welcome, temp. >> thank you very much. great to be here. >> let me say a few words about both of these authors, min. jordan is the macarthur professor of mathematics at universe wisconsin madison, gorgeous, beautiful school i love and his works have appeared in the "wall street journal", the "new york times", the "washington post," wired and other things. and tim is a columnist, a broadcaster, an economist. his brilliant podcast called cautionary tales is something i encourage all of us to check out, lifting the hood about many of the issues going on in the world today, , constantly. he's also an honorary fellow at the royal statistical society. welcome to both of you. i want to start by saying just to everyone a kind of ignoring n and jordan for that which might be rude to do but to everyone else how much i love old their work and how much i dislike both of them as well. i want to say this because

let's go around the horn tim?ng us morgan stanley has had strong third quarter earnings expect more investment banging >> karen >> cvs health. they announced they would be closing 900 stores over three years which is not that many but i think it will look at 100. >> gold, on the other hand, i think to sell that one i know he likes it crypto down over the last week or so. i think that will probably reverse in the next couple weeks. >> >>> 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 another west coast edition of "mad money," welcome to

tim i want to toss it over to you. what do you make about the thoughts on energy as a good way to play inflation being permanent, not transitory? >> look, i think we still have this reflation trade going on. if we thinks rates are slowly moving higher, even if steve and dan with perplexed, think you have a case wherea lot of hard assets are moving higher so i think the dollar is something to be concerned about here i just think that the supply demand imbalance and lack of swing capacity in anyplace other than opec and as long as they stay committed with opec plus, they're going to have the ability to hold prices up here and right now i think there is a little bit por political gamesmanship in here think energy stocks look great i've lin long oil sfrs services and integrated and every day that oil stays up there is more and more drilling going on it is underperform the maybe for a reason to the point. recounts have more than doubled from the last 12 months so like oil services. >> we're following a developing story here

edward jones >>> time for the final tim? tim?

i think tim had it right here. they say there will be a lot more fed in 2022, regardless of what steve thinks they will do around the edges the perception is there are going to be taperings. they will be done at some point in 2022. the expectation for rate hikes have been pulled forward here. so at some point early in 2022, the market for investors will have to reprice things they're starting to reprice a lot of high valuation growth that's not particularly profitable they will eventually get to these megacap names. i'm telling you, there is no way to avoid it. if you think back to q1 of this year, what was the massive under performs that we saw and what groups were rates rising it was megacap tech the nasdaq did reverse most of it early year gains and obviously it's gone up quite a lot since then i think what was most troubling as we head into the new year is microsoft gained a half a trillion in market cap in less than two months. so has tesla nvidia gained 200 become apple is trading at an all time high, under p

and i'm interested -- i'm interested in tim's view of how we did.ecause i would say to me, i actually felt like the extent to which both the media and the general public were truth to grapple with on what i would call the mathematical issues but pretty high, higher than i would have guessed. and i think it is altogether for the good of. and i wonder if tim sees it that way or what your view is in different country or different context. >> in my book i quoted wells. i'm going to paraphrase but he basically says there's no problem in getting an audience to understand. that's why i'm always focused on what gets people interested. in the pandemic there was this brief dramaticf moment. there's something refreshing as well. somebody regularly presenting a program talking about the numbers in everyday life. there's a switch between thehe battleground where people are yelling at each other about politics and about bricks it and donald trump and no one is listening and cares. they are desperatete to understd what's happening and how dangerous. rowho was much

tim charrington versus todd winkler?no contest," said her dad, don hatfield. >> the guy's an air force academy graduate. he's successful in business. he's a family man. he's -- you know, from the midwest. he's gotta be great. >> good, solid upper-middle class guy? >> up yeah, no. >> and he's got a plane and he's got -- >> planes and boats and -- you know, all over the place. >> what tim, the starving artist could offer, beyond love and loyalty, was a whole lot of nothing. todd, on the other hand. >> we went to orlando with them -- to disney world. >> and he was picking up the bill for this stuff? >> yeah. most of the time, yeah. >> don had no way of knowing that tim was, for a time, still in rachel's life. sort of. >> you didn't lose touch completely. >> no, we really kept in touch, >> and why would they do that? maybe because her marriage, rachel led tim to believe, wasn't all "apple pie and ice cream". >> because she wanted to share with me what was going on. >> what did she tell you? >> she shared with me that -- todd

the irony of this is that tim paine took i of this is that tim paine took thejob in the of this is thatf the bolt tempering affairfrom the job in the wake of the bolt tempering affair from smith. the job in the wake of the bolt tempering affairfrom smith. he was seen as a steady pair of hands at a turbulent time. where does this leave the team going into the ashes? tt where does this leave the team going into the ashes?— going into the ashes? if people can his tenure, _ going into the ashes? if people can his tenure, he _ going into the ashes? if people can his tenure, he took - going into the ashes? if people can his tenure, he took over. can his tenure, he took over from steve smith into the wake of the bowl tempering controversy. steve smith had to resign. he was seen as taking that team into one of the most controversial and crucial times and most difficult times of cricket australia, a steady, leading figure for the team throughout that time for him to step down in that manner, to step down in that manner, to step down in controversy and scandal, him expressing regret the way he ha

i walked up to him and said, "hey, i'm tim scott. and today i'm looking at running for county council. a seat's just been vacated, so it's an open seat." he's like, "you know, young man, you may have some potential there, but you need to get in the back of the line, serve your way to the front of the line." i was like, "that sounds terrible." if you've got the burning desire to run, you should run. i went back to my friends who i'd been talking to already within the republican party. they said, "tim, you do realize that there's never been a black elected countywide as a republican." i'm like, "i know." and he said, "well, if you're willing to try, we will support you. your philosophy and your values matches ours. let's do it." and grace of god and the voters of charleston county, i was able to win that first race comfortably, and it worked out really well. >> you say you're called to serve all americans, not just black americans, and you emphasize the progress in america. talk about the progress. >> okay. well, i'll tell you what. wh

>> tim, this is a high margin business they are running at 40%.re very few companies i look at, facebook, google, that run at markets like that it is a healthy business that runs a lot of cash flow. i would like to see them take down those margins you will not get credit in the market after this kind of fiasco for probably six or nine months. so make yourself a great '23 stock. then the market probably overreacted. financial valuations model, maybe 10% of the entire equity value, not more than 20. the stock probably got overbought at the beginning of this year, but to me it's probably in the oversold part. i think you want to wait and see what the plan b is what will you do now to offer something to home sellers? >> mark, i'm curious because at one point you thought this was a good idea and how this was such a capital intensive business, et cetera, et cetera. housing is a difficult thing and holding inventory on your books is not a good thing for what should be an internet business as you look back, and all of us are monday mornings quarterbacks,

time for the final trade now let's go around the horn tim?th uber today gets their deliveries out there but you can't say that property malls and other things and consumer stocks are doing better and say this company shouldn't also over come some of those head winds i like the name. down a lot. >> karen >> yeah, i like pfizer it is well off its highs and a little bit off the recent lows and it is rising rates at 10 times earnings with a 3.5% dividend it is a value. >> b.k.. >> nothing runs like a deere you take a bushel and your hard earned cash and you buy a deere. >> if you see that thing down in the 70s, i would be there. >> "mad money" with jim cramer startsig n rhtow . >>> 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 kray amerkia. call me at 800-737-cnbc or tweet me@jimcramer >>> now that we've gotten through october in one piece, we have r

tim: it is not just the immediate losses that worry city leaders. they tell me the ripple effects could be potentially alarming. >> if retail front-line workers don't feel safe, if shoppers don't feel safe, stores will shut down. if stores shut down, we lose sales tax. tim: that could potentially have a major impact on the city and hit not just businesses but also everyday residents. while critics say he is soft on crimes like shoplifting, he says in order to see real change, the incentive has to be removed. >> we need to go to the root of the problem and take apart the fencing operations that make it profitable, and we need to make sure we are not limiting ourselves. liz: in the east a large police presence in walnut creek last night, where police say 80 looters targeted nordstrom. a typically busy broadway plaza made a big -- became a big crime scene. a manager at a nearby restaurant says stunned customers watched last night as the thieves grabbed merchandise, loaded it in to waiting cars and then drove off. >> we saw 50 to 80 people in ski masks

tim: it is anybody's guess.ould have been delivered june 20, maybe the 24th, we are talking three-plus years and we are not sure they are out of the woods. eventually it will come into emirates. yousef: have you received enough reassurances from boeing? is it an issue with certification or demand? tim: it's a question of the external input. the agencies involved around the certification of aircraft. boeing has to make their peace with them. it's not the airline community. it will always be a good aircraft for the airlines that choose to use it. it's just getting it into service. there are still issues that boeing has got to resolve. dani: the emirates airlines president speaking to yousef gamal el-din. the conversations will continue later this morning. the ceo of airbus points us from that same event. don't miss that conversation, shortly after 8:00 a.m. u.k. time. this is bloomberg. ♪ dani: welcome back to "bloomberg daybreak: europe," i am any burner -- dani burger alongside manus cranny. we are watching for

tim, what's your pick? nike look what this company has done throughout the years they have done it for a couple reasons. one is because they have brands, pricing power. many cases, they control their distribution then they have the innovation. then they have the tailwinds of some trends around fitness and wellness and on both sides of the world, they are dominating and executing. you had an opportunity to sell this stock, whether it was around supply constraints or around shutdown of vietnam factories and what that might have meant if you did that, you probably missed a 20% move higher in the stock. back near all-time highs trades at a premium multiple it should trade at a premium multiple it's one of the most iconic and well-known consumer brands in the world. a really well-run company. i stay there >> karen, what's your pick >> mine is united rental they had excellent he we earnin last month wait, there will be a crappy day. i chose today. it peaked at 415 intraday on the infrastructure bilk passed that's

tim, thank you very much for coming to "the reidout."m the clip that we played and you've listened to the entire conversation, how long did the sympathetic part of the conversation go on in the aftermath of columbine in that conversation? >> well, we consider it such an array of different options whether cancelling their convention or setting up a $1 million fund for victims but really over this throughout the conversations is that if they were to do something like that, it would be kind of seen as a sign of complicity, that they might be seen as responsible if they would do something that was, that included cancelling their convention or giving money to victims. >> and i think tim, you'll know this. the lobbiests, the nra lobbiests hammer, is she the one from florida? >> she is. >> so she's like the most powerful person aside from wayne la pierre within the nra. i want to play this sound from then nra president. this came after the nra decided to go through with their conference in denver. have a listen to what he had to say. >> when an

. >> how do you interpret what went on in the market today, tim? you can look at it from the perspective we've laid out in terms of tech getting hit, high valuation stocks being particularly vulnerable, or you can look at the action from about 3:00 on, 2:30 on, and say, you know, there is still somewhat of a dip playing out in the market >> we're 2%, 3% tops off of all-time highs in the s&p and nasdaq we talked about how the move in markets has been so extraordinary that a little bit of a pullback, let's catch our breath and take a deep breath. it's not that big of a deal. the chart i would most worry about is the semiconductor chart. to mean the leader of this market and arguably is certainly the leader of the high mulltipl stocks like nvidia that we talk about all the time nike, microsoft, you name the list of high quality stocks off all-time highs if you want to look at the fact that if you go back to that goldman report, the fact that microsoft has moved into a top pick or one of the top picks overall, that report is telling but yet's trade. th

visit indeed.com/hire and get started today. >>> final trade time tim? >> an old friend mattel.f those r2d2 >>> i am here to level the plain field for all investors there is always a bull market some where, i promise to help you find it. "mad money" start now. hey, i am cramer welcome to "mad money," i am not trying to make friends but trying the make you some money my job is not only to entertain but to educate you, call me at

tim mack has been covering the national rifle association for years.k is "misfire, inside the downfall of the nra." tim mak writes, quote, in the dark wake of the shooting at sandy hook, innra made a strategic choice to double down. only to withdraw at the last minute and mobilize nra supporters against the legislation. in the aftermath it marched into the conservative culture war, shifted further to the right embracing republicans entirely and abandoning even the pretense of outreach to democrats. this would work for a time during the obama years, but a crash was coming. the nra's decline started with its greatest success, the election of president donald trump. and joining us now is tim mak, washington investigative correspondent for npr and author of the new book, "misfire, inside the downfall of the nra." and tim, i hope you heard rachel maddow say at the beginning of this hour she's eager to read your book. she was reporting on this lawsuit i just referred to during her hour tonight. let's talk about, first of all, the state of the nra and where i

tim: in menlo park, tim johns, abc 7 news.oman is believed to be the first patient to be diagnosed as suffering from climate change. the doctor who diagnosed her said a deadly heat wave and poor air quality brought on acute breathing problems in the 70-year-old woman. he says if doctors are not looking at the underlying cause and just treating the symptoms, we will keep falling and further behind. following the diagnosis, he and fellow doctors formed a group they say is working to improve human health by protecting the planet. larry: they warning about a childhood disease that is making a comeback and how the pandemic is playing a part. kristen: a new incentive to get parents to vaccinate their children. larry: saving the world one tree at a time. the organization helping bring back a giant redwoods with is struggling to manage your type 2 diabetes knocking you out of your zone? lowering your a1c with once-weekly ozempic® can help you get back in it. oh, oh, oh, ozempic®! my zone... lowering my a1c, cv risk, and losing some we

both dan and tim mentioned■■ it.other markets outside of equities we have had volatility in bond markets. but does it come to the equity market i think the equity market is like you know what, the fed has done a good job of telling us the taper is coming. they still have our back yeah, we have supply chain issues, but economic recovery is delayed. so if we get to tomorrow and the fed picks up at convincing everybody that this supply chain issue is going to be gone and inflation maybe isn't as transi t transitory as they thought but eventually when markets break like this, the ducks come home to bor roost >> if jerome powell convinces the market the supply chain events are transitory. what is going on at the ports right now. what is your view on whether or not these things are transitory or could impact the pace of the recovery or the pace of the fed's taper slash rate hike. >> i do think the taper has been telegraphed acceptably i think there is inflation yesterday we talked about the new uaw signed a deal. i think w

we are going to have tim mack join us tonight and he has the book, the book i'm. up >> oh, he has his new enter a book. >> yes and titled misfire: inside the downfall of the nra. he is going to guide us through this lawsuit and everything that has led the nra to the place where it is tonight. >> well, tim mac is a fantastic guest, and i have not read the book tonight, but i cannot wait to see this interview. but this lawsuit is really interesting because we are alleging an ongoing scheme, one that people who bought the lawsuit say that they have dumped $35 million in illegal contributions into various republican campaigns. the nra's responsibility to pay those things back itself would be a significant chunk of change, but that electing a lot of crime. around the trump campaign and around the u.s. and house campaign are among republican candidates. that is a serious thing, that is a serious lawsuit. >> yes, we are going to get into that later in the. albert >> kaye, thanks lawrence. >> thank you rachel. while one grand jury is not enough. for investigating donald t

it's acronym tim, you're an investor.f you're a believer that nft will have a little spike, that should help in theory. >> i think there's so many investors that do the mental math and that's what they are doing. i'm a major believer in the nft world. there's a lot of zeroes out there. it happened to be close to the nft music world where i think you are unlocking value but you have artists thinking about the world differently. you have the business model changing it is converted back to ethereum i agree with all of that it's why i think most folks are having the conversation as much about heath ethereum because it has every day applications for them >> bitcoin baller, where are we? >> if anything we're going to have a shallow type of bear market i think it's interesting ha we're starting to see in the crypto market is dispersion. mark mentioned base. you're seeing things like avalanche and atoms are up today with bitcoin down. the market is maturing a bit i think it's here to stay. it's not going away. it should be 5 to 1

looking for a 70 million share day for capitulation maybe you get that tomorrow, but i don't think so >> tim seymour, what would you need to hear to think this dip could be a buy >> that they have visibility, which is difficult in this environment for a number of macroreasons i need to understand more what is going on. i understand they are going for a slightly demographic, but are they playing defense or offense. they are recalibrating is the term and i put quotes around that it's not a term i hear in terms of recalibrating on a fiscal call this is a stock that is not terribly cheap even after this pullback it is still be probably four to five times and a company he would know where they sat a year ago in the sweet spot of where we were with covid and stay at home that is not what is punishing the company right now, not the way it is now. we knew that we knew the comps were tough this is different than the street was expecting >> lower income customers. that's why they are slashing prices, piece. offense or defense, how are they approaching this >> this is 100% defense. this is absolutely d

tim: tim johns, abc 7 news. liz: san francisco school leaders and parents are calling for an investigation. luz: members of the unified equity and auction committee are demanding an investigation. >> we are being hacked. luz: this was the moment an unidentified person hacked the zoom committee meeting focused on uncovering racism in public schools. >> calling them racist names, using the n-word and showing these images. luz: about 40 people witnessed the attack. one of them was a parent and a volunteer. >> do you feel like this incident was targeted towards this committee? >> absolutely. this committee has been under attack since the thought of its inception. luz: she had her computer connected to her living room tv and her three children witnessed the verbal attack and accidentally saw the pornographic images. >> i do not know how my daughter is processing it, but i am worried about it and it is definitely going to require some counseling. luz: a similar incident happened in january during an antiracism lesson

tim and kathy are co-workers. tim needed a kidney. family and friends were not a match. everywhere including a request in the company newsletter. turns out kathy was a perfect match. >> it's been amazing. no more dialysis. >> reporter: and they too have matching clothing, only theirs reads kidney buddies for life. tonight tim is thankful for a second chance. >> thank you so much for watching. david muir back here tomorrow. i'm linsey davis. happy hanukkah. good night. dion: next on abc news at 6:00 call it the post holiday travel crunch. airports are looking like we haven't seen them since early 2020 as americans return home after the thanksgiving holl day and the new covid variant sparks concerns. the travel restrictions about to kick in and what vaccine makers are doing right now to keep americans safe. and a dog heist in oakland a bulldog taken as the thief holds the woman at gun point. abc7 news at 6:00 starts rite now. >> building a better bay area moving forward, finding solutions. this is abc7 news. dion: well, you can call it the rush to return. airports are pack

tim: tim johns, abc 7 news. liz: san francisco school leaders and parents are calling for an investigation after a district meeting was zoom bombed. hackers showed pornographic images and used racial slurs. we have more on the ramifications still being felt. luz: members of the unified equity and auction committee are demanding an investigation. >> we are being hacked. luz: this was the moment an unidentified person hacked the zoom committee meeting focused on countering racism in public schools. >> calling them racist names, using the n-word and showing these images. luz: about 40 people witnessed the attack. one of them was a parent and a volunteer. >> do you feel like this incident was targeted towards this committee? >> absolutely. this committee has been under the attack since the thought of its inception. luz: she had her computer connected to her living room tv and her three children witnessed the verbal attack and accidentally saw the pornographic images. >> i do not know how my daughter is processing it

tim talked about wage inflation. we are talking about a lot of areas of the marketplace i have not bought into this whole idea that it's transitory. i think we have to work through it and i think the fed will be part of this thing we are in a gingerly sort of interesting spot because even as the markets were going up, just two days ago we were looking at volatility start to pick back up again. and today we are back in the mid 18s to upper 18s and a sneeze away from 20 that's something we all have to keep our eye on as well, the volatility index that will give us a measure of some of the concerns out there and the move that might be expected. >> bitcoin hitting its highest level on record, just shy of 70,000 many think crypto is a hedge against inflation. why is that? professor finerman is in class yt is that >> institutions who think there is inflation think we have to have exposure inflation anyway if you don't have it, that's not great. inflation, for crypto by its very design was hopefully, when they designed it f

(dog whimpers) >>> back now with tim o'brien. how it is eroding the conversation. how do democrats take this on. trumpism is rooted in lies and white grievance. >> i think we have to define what happened in the two elections. you know i could not disagree more with my friend james carville about it being about wokeism. it was not. scott jennings was pulling analysis out of his ear in the last segment. the first thing voters cared about is the economy, jobs, taxes and their wallet. the second is education. most in new jersey and virginia were incense body how the lockdowns were handled. both were smart to zero in on education and went beyond the lockdowns to talk about the idea that parents childrens minds were being poisoned by being taught about slavery and racism and nothing to do with the c.r.t. both democratic candidates let the message get out of their hands. this is happening around the legislation democrats are trying to push through congress. they should be making a better case than they have for the opportunity they are

is this a statement on anything in terms of where the stock is, tim? >> totally i mean, look the stock would not have been able to handle this two years ago, i think "handle," what does that mean? there would have been enormous volatility we flagged the vol and lack of vol in the stock around significant moments in the market the number of times the company has been in the news is extraordinary. the smoothing factor in capital markets, and again, it's a balance sheet, and it's obvious the operational side has been a very different and successful story too in the last two or three-quarters it's really about the fact that this is such a large balance sheet and such a large company the thought of elon selling out, selling a piece, not necessarily moving on, but we know elon is well onto other things and actually probably aspires to be fully focused on other things. and the stock does not waver in the face of that that tells you it's a very different character and personality of how this stock trades >>> cramer is all over this move in tesla today, in the

let's go around the horn tim?45% off that bottom, still cheap to its peer group, and semis continue to run, qualcomm. >> steve grasso. >> twitter, human nature is to sell it. i get it i think the stock is going to rally, going to bounce from here >> chairwoman? >> yes, so over the last year the oih and underlying comodties spread has moved around. it's near its absolute widest. >> guy >> you think the mets had to do sherza for their fan base? yes or no? >> had to, yes >> see that? it really is amazing amat semi equipment name sold off a little bit >> thanks for >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's a bull market summer i promise to help you find it. mad money starts now hey, i'm cramer. welcome to mad money i'm doing many best to try to mk you some money call me. they lost again.

>> let me analyze tim's comments first.a great position to build on this idea trust and build a brand around the idea of trust. it's a difficult game. you can end up taking a lot away from your partners. so, they have to manage the situation carefully. but at the end of the day, i think this idea of telling consumers your data is your decision, we are safe, is extremely powerful and it's going to be where the success o apple is in the long run it's music to my ears. he's right and putting opsup a strong argument. so, i find that interesting. why do i have accelerating on apple. it's not a sell rating on a multiyear horizon. i have the very simple conviction apple 's been on an incredible ride and my view is that there are so many people in the world who have already replaced the iphone, that demand is going to be disappointing and when it happens, takes a 30, 35-person plunge and that's what i'm wurn warning my clients against. it's one of the strongest ecosystems in the world. they have a great future ahead of them. it's a

tim says this all of the time. you don't want to run too far from the names what he's basically saying is there are opportunities to jump in my sense is microsoft up quickly 20%. if you see one of these, you just get back in because this stock is a juggernaut. >> let's keep the theme going. is it over the companies are great, but does it mean the valuations are deserved, are they >> well, it's all relative to environment, liquidity environment, what people are playing for growth like ev and gaming not saying ev or gaming is absurd, but some of these valuations are absurd. so it makes apple and microsoft look like heroes services stream, we know that's where the margin is in microsoft's world with enterprise picking back up and the sense if it is not the leader in cloud today, will be soon it may be related to markets and where we have seen ebb and flow throughout the last year, year and a half for covid retail was down 2.5% transports down 1.5% banks have underperformed s&p by 400 or 500 basis points over the last

don calloway, tim miller, tim real quick, melvin played the baseline if memory serves on used to me 1972mmended to all. what a great conversation to friends of this broadcast. coming up for us. in all the noise surrounding vaccines, one new book called their very existence, a story of what went right, the author is standing by to talk with us after this. do you struggle to fall asleep and stay asleep? qunol sleep formula combines 5 key nutrients that can help you fall asleep faster, stay asleep longer, and wake up refreshed. the brand i trust is qunol. over the past few weeks we have seen new covid cases, hospitalizations rising in certain parts of our country, yet, our next guest says there's still something worth celebrating in this crisis. something huge. in his new book gregory zuckerman, revealed the heroism of the greatest scientific achievement of our. time lifesaving covid vaccine. he writes this, quote, ours is an age of outbreaks. each, year humans encroach on nature, increasing the risk that animal borne diseases will cross over and threaten humanity. lessons from the vaccine

speaking about it then equality amigo, to tim, visit him beside. he said that this is a, an indication that the country is maturing. that democracy is maturing in south africa. but do you think that south africa is ready for the concept of a government of a coalition government? well, at the national level, i'm not sure what that will be ready, but at the municipal level they've already started negotiation. not only this election, but in a bit of a selection, so they are ready for that. but for me, what's encouraging is the willingness of the bigger parties to accept defeat intercept that they have to enter into negotiations with one of parties. but i like to disagree with you, i should, when you said that the action essay and e f, f i showing that they're moving much more strongly the other much is i don't think so. even if it has not been given a clear mandate by anyone to run a municipality capsule considered a but a should say, because then you give them a block and have a number of votes, but i'm not quite sure whether the f f is growing and t

tim, my friend, trading halted three times today since it opened?going through major heart palatations? >> yeah, no, actually i was trying to not pay attention. today is a huge milestone, thanks for having me on the show by the way. it's a point in time for us, what's really important is focusing on the long term and executing against our mission. liz: okay, so, do the underwriters tell you to say that? tune out what's happening in a single day, because the first day is always rather noisy? i'd love to know, what you were sort of not coached but explain as part of the ipo process today? >> yeah, no, i mean, i think it's really just one of the principles i have, focus on the input metrics not the output metrics focus on the long term. i think that's super important for all nerds as we become a public company to not pay attention to the volatility. liz: let's talk about the company and where it goes from here. it is a website in an area very hot at the moment financial technology, fintech as it's known. what is a five-year plan because i've known you,

tim: violence is also of major concern to city leaders. loren taylor represents the district where the security installer was shot. taylor says he is working on an action plan. >> this takes a toll on everybody and it is time we step up to bring the resources necessary. tim: taylor says his plan will focus on crime prevention, deterrence, and response, he also acknowledges some things need to be done to help the community right now. >> we do need to look at increasing our police force so that they are available and ready to respond, and on hand to deter in those areas we know there is consistently high crime. liz: if you have information about any shootings, you can call crime stoppers. highway patrol also has a tip line for information about the jasper wu shooting. there is a more than $10,000 reward being offered to anyone with information that leads to the arrest of the shooter. there are allegations of a and racist bullying at a high school in palo alto. according to claims filed by a group of students and their parents, one attack res

still with us robert gibbs and tim miller.red candidate for senate in pennsylvania pulled out after a domestic legal case. here's the question. and the same rule as fight club. the only thing you can't say in your answer is glenn youngkin. is there any proof that any republican, again, not named youngkin can succeed after pushing trump away? >> one bit of good news for republicans in pennsylvania, dr. oz is right on sean parnell's heels now that parnell is out of the race. there's been a lot of buzz for oz to enter the race in pennsylvania. look, brian, i don't think so. and i'm going to break your fight club rule and break omerta and i'll say this about -- >> oh, man. >> here it is. you have to get this. there's a reason why it works. youngkin had a convention. it was a shorter year. and he was running against this absolutely insane pro-insurrection candidate in amanda chase. there is not a lot of evidence that that can be replicated in the current senate races we're looking at. we have herschel walker running in georgia. we

and, look, as tim gosar said, and let me applaud him and thank him for his candor. it must be, you know, very difficult. it's his brother that he has to talk about in this way. but he does it so honestly and forthrightly. you know, in any other workplace in america, anybody who did what paul gosar did would be fired, full stop, by the ends of the day. clean out your desk, you are gone. and you know, this potential -- i mean, it was a threat that he issued against aoc and against president biden. and that's a serious matter as well, that in a lot of jurisdictions could bring the attention of criminal prosecutors. but the important thing -- today is an important day. it was important, i believe, for democrats to do this, for speaker pelosi to do this. and for the house to do this, not just democrats. because there were at least a couple republicans who joined in. a line has to be drawn. and there has to be consequences for this sort of behavior. and so there were consequences. he was censured. he was taken off his committees. and at least -- you know, maybe it won't d

tim: prices are on the rise. we did hear from the respondents that it is turned to eat a little bit coast hurricane. we are getting to a level that might be more affordable. but raw material prices, like you said, are on the rise. eight years or something. they're starting to moderate, it is good news that the europeans are still coming into the market. not a big piece of u.s. consumption. still prices are certain to come down, it will see high levels and slowly street close the rest of the year, but we will see what happens in january and february. meantime, manufacturers move on. they have to sell their order and that is probably what they are doing right now. to get a better feel for it. guy: thank you very much for sharing a few minutes with us. ism it manufacturing business survey committee chairman, thank you very much indeed. coming up, stocks at earlier highs, but nevertheless, we have been pushing ever higher. we've got a disconnect between the equity market and what is happening in the bond market. the

tim and kathy are co-workers. tim needed a kidney. family and friends were not a match.ny newsletter. turns out kathy was a perfect match. >> these have been amazing. no dialysis. >> reporter: they have matching clothing saying kidney buddies for life. >> a >>> right now on "america this morning," the omicron variant of the coronavirus now confirmed in a dozen countries including canada. the new travel restrictions announced overnight and the big question, can the vaccine stop it? we hear from the top experts. >>> plus, the jitters on wall street after friday's major sell-off. president biden set to speak this morning. our team coverage next. >>> the trial of ghislaine maxwell. the socialite accused of recruiting girls for sex offender jeffrey epstein begins today. the key witnesses and wimaxwell's brother claims she's being used as a scapegoat. >>> cyber onday deals and scams. the new warning for online shoppers about store surveys. plus, the one deal that can apply to just about anyone on your list.