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There will likely not be a revival of these furniture cities, it's too late, says Jim Cramer
CNBC Television· 2025-08-26 23:36
If we wipe out an industry in this country because it's cheaper to make the stuff overseas, is that a national security risk or are we just nostalgic for a different time when America was still a manufacturing powerhouse. Last week, the president talked about an ongoing 232 investigation, making it furniture, 232, mind you, being a national security kind of tariff president has control over. The president's apparently worried about supply chain risk for furniture, something it seems a little strange, but we ...
Lightning Round: Oklo goes up every time there's a good headline, buy Oklo, says Jim Cramer
CNBC Television· 2025-08-26 23:32
It is time to rap by the course. I'll play my steps where you play and then the lighting round is over. Are you ready that comes in.Let's start with Paul in New Jersey. Paul, booyah, Jim. Booyah.First, a big thank you to you, Jeff, the rest of your team for all you do for the club. It's very much appreciated. Thank you, man.We're working. We're working. We're working.And how can I help you right now. Yes. So, do you select Pure Global.And if so, is now a good time to start a position. The stock's too stock' ...
We're in an 'anything goes' moment with tariffs, says Jim Cramer
CNBC Television· 2025-08-26 23:27
If we wipe out an industry in this country because it's cheaper to make the stuff overseas, is that a national security risk or are we just nostalgic for a different time when America was still a manufacturing powerhouse. Last week, the president talked about an ongoing 232 investigation making it furniture. 232, mind you, being a national security kind of tariff president has control over.The president's apparently worried about supply chain risk for furniture. Something that seems a little strange, but we ...
I don't want to scare anyone away from a very good stock market, says Jim Cramer
CNBC Television· 2025-08-26 23:27
Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer, my friends.I'm just trying to make you a little money. My job is not just to entertain, but to explain, put in context. Call me at 1800743 CBC. Tweet me at Jim Kramer.We want to have a conscience. We want to make a judgment about what the president's doing, whether or not it's right. When he does something outrageous, we can lament, complain, shrug our shoulders.But the one thing we can't do is sell the stock of Invidia because of President Trump's a ...
Jim Cramer on Pres. Trump trying to fire Fed Gov. Lisa Cook
CNBC Television· 2025-08-26 23:20
We want to have a conscience. We want to make a judgment about what the president's doing, whether or not it's right. When he does something outrageous, we can lament, complain, shrug our shoulders.But the one thing we can't do is sell the stock of Nvidia because of President Trump's attempt to fire Lisa Cook, a Federal Reserve governor, for what might or might not be mortgage fraud. Yes, I know that sounded flip, but deal with me. On a day where the Dow gained 136 points, the S&P climbed4%, the Nasdaq adva ...
Citi's Geoff Meacham on Eli Lilly's stock climbing as weight loss pill clears latest trial
CNBC Television· 2025-08-26 22:21
Switching gears, Eli Lily surging almost 6%. It led the S&P 500 today. Their obesity pill cleared yet another late stage trial.Patients with type 2 diabetes and obesity losing an average 10 a.5% of their body weight after 72 weeks is on the highest dose. For more on what may come next, city research managing director Jeff Meechum joining us now. Jeff, great to have you on the show.What did these results mean for Lily. >> Awesome. Thanks for having me, Brian.Um, yes. So, the results here are derisking from t ...
Off the Charts: Bull case for materials
CNBC Television· 2025-08-26 22:20
Let's go off the charts with Katie who's looking at a bullish trend in a related group. Katie. Well, that's right.Looking at the materials more broadly speaking, which of course includes those miners, too. We've seen real signs of life this month. Some outperformance that could be the start of something a little bit more meaningful.And this includes also the rare earth plays and uranium, nuclear, all of the above have gained some momentum. Gained momentum both in absolute and relative terms. So, if you were ...
Final Trade: KRE, BABA, BYD, WYNN
CNBC Television· 2025-08-26 22:19
Final trades, Courtney. >> Uh, the KRE Dan actually brought this up. This is one that will benefit from the short end of the curve coming down.I think it's something you want to take a look at, >> Katie. >> Alibaba. So, BABA, we have stabilization above the 50-day moving average in the new MACD buy.>> Dan, >> yeah, we knew all too well that was happening. Uh, and look what she made him do. See what I did there, Sully.A little bit. Um, DYD. Look at these uh Chinese EVs. They just took off, >> guy.My level of ...
A 'significantly politicized' Fed is growing risk, warns Wall Street Veteran Rebecca Patterson
CNBC Television· 2025-08-26 21:46
She is former Bridgewwater chief investment strategist. She is now a senior fellow at the Council on Foreign Relations. Rebecca, there's so many angles that this is fast money. We're trying to bring it back to the investor. And what if anything to Dan's point, maybe this doesn't mean squat. What's your take? There's so many things that have to line up before the Fed actually loses its independence that that the Federal Reserve has a majority of Trump appointees or Trump friendly uh policy makers who cut rat ...
'Fast Money' traders talk Pres. Trump tightening grip on the Federal Reserve and corporations
CNBC Television· 2025-08-26 21:40
Garcia. Politics aside, I mean, listen, Cook might stay. We don't know.She might voluntarily resign and then Trump gets replaced or a court will uphold that this is valid and she gets replaced. If she does indeed leave the board in some form and a dove comes in, does it change the way we should look at the Fed or interest rates. >> Well, I think that we should be looking at this either way because I think regardless of what happens, clearly Trump is putting a lot of pressure here.Powell is going to be out n ...