Transcripts For WESH Mad Money 20160318

Stocks of the big industrials are right here, and theyre the reason why we rallied so hard today hallelujah the dow roaring 156 points s p gaining, its back to even. Nasdaq advancing. Ive got to explain this one. Ive got to. This move probably makes no sense whatsoever to anyone who doesnt understand stock rho tease, short squeezes and the concept of underownership of a given sector. Let me set the stage. This morning shortly after 6 00 a. M. , dow stock caterpillar, the giant Machinery Company, dramatically slashed its earnings, the guidance that it had for the First Quarter. Wall street was looking for cat to earn 95 cents. In the totally unnerving announcement is the company said cents thats right, energy, transportation resource orders nose diving is the reason. It was an unmitigated disaster. The news immediately sent the stock, which had been redhot as of late down two bucks in Early Morning trading before the bell had rung. It was such a powerful slap in the face that the entire complex reversed what looked to be a luck of the irish day to smell reassembling the potato famine. [ buzzer ] by the time the market had opened it was down less than a dollar. What is that about . Was that it down two bucks at 7 00 a. M. . Then one a few minutes, it was actually up, the stock was up in the black, and then it started flying. Of the most startling of the most startling reversals i can recall in my entire career, even the company somehow did assert of rest of europe would be fine. Im sure this one made no sense. I listened all today. People were like, hum, uh, hmm. Thats because you dont know what was happening in this battleground stock behind the scenes and i do. Ever since this market bottomed in february, and it held, while fears about European Bank failures died down and china stock market stopped being a focus, weve been rallies in the commodity market. The stuff you need to get metals out of the ground, and theyve been screaming. Then yesterday the Federal Reserve decided it was no longer planning to raise Interest Rates in lockstep like it promised in december. The four rate hikes disappeared from the agenda. The fed recognized the fragility of the Global Economy. Tightening. When the fed tightens, it makes sense for foreigners to buy u. S. Dollars, because theyll give them a better return. Billion upon billions of dollars have been rolled into this country betting on higher rates, people selling their euros to own the dollar, selling the yen, whatever the heck else to own the dollar. So when the fed switched directions, it shocked investors, a especially the ones Holding Tight to the dollars, hoping for a greater return on overnight money, which is exactly what you would get if the fed raised rates. You would get it instantly suddenly it was drop the dollar, buy the euro. It was stunning. Sell sell sell. Buy buy buy. Same thing with the yen. Sell the dollar, buy the euro. Sell sell sell. Buy buy buy. Immediately, immediately and what a fed switcheroo this was, its the superfreaking weak dollar hmm, caterpillar has a gigantic business overseas and competes services in weak currencies like the yen and the euro. They have been crushing cats bit. Any Machinery Company based in japan as caterpillars competitors are, had been having a huge edge. With the dollar peaking, the tables have been turned. The new trend could be your friend, so buyers were inclined to buy the weakness in caterpillar stock, but thats not all. Like i mentioned earlier, weve seen relentless commodities. Copper limb news, iron, oil, you know the litany, so even though it annihilated the First Quarter forecast, this could mark the the cyclical low, the low in the cycle, given the weaker dollar appeared the stronger Commodity Prices that beat stronger orders down the road. You can buy stocks like caterpillar precisely when you get whats known as a cyclical commodity lower. In 2008, thats exactly what happened, seems to be happening now. Even thats not enough to cause a rally with such horrendous news. It takes something else, something not related, not to the business of make heavy machinery, but to the bit of money management. Many Hedge Fund Managers were shorting the stock, because he figured the quarter would have to be terrible. They know the economy didnt the fed just tell us that . And when the economy is weak, the hedge fund play book, which is mythical, believe me its all in their heads i used to be one weak economy, short the stock of caterpillar. The big institutions ver shying away outright or betting against now when you get the worst news you were short something, you week like, yes, thats just so horrible you get the worth news, a gigantic cut from ka the pillar and it doesnt go down . The short seller have to ask, what the heck will drive it down . If youre a hedge fund that doesnt have inclusive cyclical exposure, you want to buy the stock, but you know all the baz news is out, they just gave it to you. So you had towel throwing shorts underinvested mutual funds, put it all together, and you get a massive rally seemingly out of nowhere. You could see this coming. There had been some signs. Monday after the close, dover, gigantic industrial preannouncing hideous number because of oil weakness. Be entirely driven by our exposure to oil and gas markets. They noted that while oil has come back up they were cautious when it came to recovery. When i read it, i thought there goes that run. Sure enough, the stock did indeed drop to 61, and after rallied above to where they quarter. Today its up 1. 87, this is all they said things were horrible. How about emerson electric. We havent talk about that dog for a long time. Last night emerson issued order growth numbers, and some thought they saw green shoots, why . They had been forecasting orders to decline 5 to 6 . Hold it, a moment of optimism. To 6 . They revised that forecast down 8 to 10 . I told you it was a thin read, but they expect trailing threemonth orders to turn positive. Shah s. A. M. And then screams at 64 and change. Unbelievable. The news opened the floodgates. How about i recall knolls toolworks . Graper . These stocks were all screaming. Last night fedex reported a beat, and its commentary was extraordinary bullish. Youve got to read it, a great play with incredible increases in better net deliveries. You might ask, where on earth does all the money come from to buy these stocks . No new money is coming in the market. Thats been the case for ages. Were getting the capital needed mcmoran, or pioneer natural resources, an oil company that issued equities some 20 ago. The answer were in both rolling bear market territory and rolling bull market territory. One hand washes the other. 9 banks are coming down, theyre coming down hard. The pharmaceuticals are being trashed, in part because of the ongoing saga of value. The rollup with 30 billion in dead, and in fact th part because of all the major president ial candidates that seem to despise anything health care. With a velocity thats shocking to everything, especially those who thought the Global Economy yaw slowing, making the recessionloving Drug Companies and the banks the favorite groups. Suddenly people are fleeing. Remember, one bear hand washes speaking of the devil. So heres the bottom line. We dont know how long this rotation can last. Is this day one or day two . Or merely a shortcover rally that has to run its course . I say watch the dollar. If the greenback has truly peaked, i believe that this move could be far from over. Lets go to landy in georgia. Landy caller hello, jim. I bought nike at 55. 50 on february 5th for my retirement account, planning to hold for maybe five to ten years. Nike las a tendency to run up prior to the earnings report, thats due out on tuesday, march 22in after the close. A small no, no, no, nike is a great every country that is. You do not tough that nike. If it goes below 59, after i watched that sara eisen, it was like saraitisen hour with nike. I wanted to buy nike. You should stay the court. No longer the almighty dollar. Its the superfreaking weak dollars. Keep your eye on it. I think the moment could tun. Target is up. Should you be investing where you shot . Im sitting down with the bullseye ceo, then ventas has been under p pressure. People may be approaching this stock all wrong. And few things are certain on wall street, expect expiration of taxes. Dont worry, youre safe. Im talking to the Company Behind turbotax and quickbooks. So stick with cramer. Dont miss a second of mad money. Follow jimcramer on twitter. Have a question . Tweet cramer madtweets. Madmoney cnbc. Com, or give us a call at 1800743cnbc. Miss something in head madmoney. Cnbc. Com. Geico motorcycle, great rates for great rides. There are a lot of different kinds of yucky germs. But not all disinfecting wipes. Are approved to kill the same number of them. Lysol wipes are approved to kill more types of germs than clorox. This cold and flu season look like this. Feel like this. Look like this. Feel like this. With dreamwalk insoles, turn shoes that can be a pain into comfortable ones. Their soft cushioning support means you can look like this. And feel like this. Dreamwalk. Nothing will keep you from magnum double caramel. Silky vanilla bean ice cream rich caramel sauce all covered in thick chocolate. Discover magnum, double dipped for double ugh heartburn no one burns on my watch try alkaseltzer heartburn reliefchews. They work fast and dont taste chalky. Mmm. Amazing. I have heartburn. Alkaseltzer heartburn reliefchews. I love that ad. Lets talk about the Company Helping Small Businesses manage their business. Youve seen the ads. They delivered a strong tomandbottom line, and the stock has been on a nice run. I wouldnt be surprised if the stock keeps climbing. Dont take it from me. Lets dig in deeper with brad smith. Welcome to mad money. I said this is a story i cannot believe we havent profiled you before. Youre different, my friend, youre difficult. That ad is different. The veterinarian ad is different, and in terms of your how did you come up with that . It seems like thats exactly who is using Small Business, to use your books and manage the business. As you might imagine, i didnt come up with it. We have a lot of great people in the company, great agencies, but those are the customers we serve every day. One out of two fail in the first five years. Our goal is to make the odds of success in their favor. There was a super bole add that you did. Yeah. And it was tell the story. Two years ago we began a program where people could nominate their favor Small Business. Give away a 30second ad to the winner of this contest. This years winner was death wish coffee. Of employees, grown their sales 400 , they are on a tear and we are so happy for them. I use you for both of our businesses. Thank you. Im helpless without the thing, and i think a lot of people are helpless without it. We dont want to spend a fortune, we just want it to work, but you also have a program for people for free that you do for your taxes. Its not totally some of these people do stick with you after, but talk about turbotax absolute zero. When i first heard it at dinner, i didnt believe it. There are 60 Million People in the United States who have a 1040ez or 1040a and they go to places to spend hundreds for the return. For those families, the tax refund is the biggest check they get every year, so you can do your free federal and free state. I helping facts get access and helping us expand or market share. Zero. Its not like zero and 100. Next year if they come back and are on their feet, then they move up the product line, but theyll remember we were there it continues to give. Suv how your share is moving up . We had 62 share last year. So far this tax season, it looks like a few more points, but it is trying to have the absolute best product. We have it on mobile. You can finish and start your mobile on a return or tablet, and its things like absolute zero that put a topspin on it. Im more effusive than usual, but you have a set of values. The values are about integrity and what you stand for. Again, first time youre on. Second time it gets tougher, everything you do. Our founder started the company 33 years ago when he watched his wife struggle to balance the family checkbook, and he said there has to be a better way. Our mission became to improve peoples financial lives. So we have Small Business accounting without the accounting in it. We have taxes, our dream is imagine a day you can do a tax return without answering a single question. We literally pull the data in for you. Theres no toggling, which is what i wasnt good at. You can see some of the ads for our tissue other tax ads. Do you have a finger . Take a picture. There you go. Its done. It helps people get money. The other thing you have made clear is those who felt there would be an urgency to the Affordable Care act, it turned out to be you modeled massachusetts. Its not a big deal. It is not. Our job is to make complex things simple. There arent more things a lot of things more complex than the Affordable Care act in a simple. Make sure they comply with the act, get the subsidy they need or pay the penalty. Its not having an impact. In fact its a catalyst. One last question. Sure. Look, 148 million, youve got this huge number of people that the whole how is small, medium sized businesses doing . You know, jim, it is a slog. They fight every single day. We pay 1 in 12 americans with our Payroll Service and in fact 3 trillion flows through quickbooks, so they are hiring. They are getting more charge volume, but if you had to courage that into an annual iced rate its about a 1. 5 to 2 growth but were there for them. I guess its just a tough place to do big or so hard to right now its very different. 60 of americans work in Small Businesses, and 80 of the new jobs if we dont get Small Business growing, this economy will not grow. You have to make it easier for them to get up and running. I couldnt agree more. Thats why we use you. This is a great company. Stay with cramer. Coming up billion dollar brands, how much do you think it would be next year . Well give me you dont note yet . Target has to say about the future of the big red bullseye, next. Can a toothpaste do everything well . This clean was like pow it added this other level of clean to it. It just kinda like. Wiped everything clean. My teeth are glowing. They are so white. 6x whitening i actually really like the 2 steps. Step 1, cleans every time i use this dentist office. Crest hd. 6x cleaning, 6x whitening i would switch to crest hd over what i was using before. Theres a more enjoyable way to get your fiber. Try phillips fiber good gummies plus energy support. Its a new fiber supplement that helps support regularity and includes b vitamins to help convert food to energy. Mmmmm, these are good nice work, phillips the tasty side of fiber, from phillips. cheering narrator marriage. Dishes. Divorce. Dishes. Every dish, every time. Only finish has the power ball to take on anything. Look like this. Feel like this. Look like this. Feel like this. With dreamwalk insoles, turn soft cushioning support means you can look like this. And feel like this. Can target keep climbing higher and higher . Heres one retailer i like so much, we own it big for my Charitable Trust. Not only is target incredibly well run, but it reported a terrific quarter, and even if theyre running up to a couple bucs, this stock still remains darn cheap. Earlier today, i got a chance to chat with brian cornel, the terrific chairman and ceo who has masterminded an amazing short turnaround at target. Take a look. All we ever hear about is matter still . Its important, we know the majority of our guests still come to our stores. In fact across the street, we know 90 of shopping is still done in a physical store. So experience counts, and we never forget that. I start with that, because you have remarkable turn. Its based on the idea that bricks and mortar can still be a win, yet you have the Fastest Growing digital both online and offline. How are you melding these two . What we realized is we knee to make it ease no for todays consumer to shot any time any way they want. Sometimes in stores, other times on the phone clicking, placing an order, and sometimes they want it shipped right to their experience counts. Im seeing, i know its early, but seeing dramatic doubledigit gains in those portions of the store. I personally have been focused on the front of store experience. Its the first thing you see. For a number of years one of the also some called the one spot. It worked. It was a big sizable business for us and pretty profitable, but we challenged ourselves to reimagine that and we launched also some called bullseye playground. Brought our mascot into the fold. Its unlocked enormous sales gains. Its the guests first reaction, they see our dog, they see bullseyes playground and great value and excitement. Its the first place they stop. So since weve done that, jim, weve seen 25 and 30 increases counts. Where else are you seeing what other parts . Apparel, which a lot of people have given up, whether it be swim, some other areas that are exciting, where youre getting those kinds of large gains. Weve been a leader in swim for a long time. We regained our number one position last year, but were off to a great start. With swim, thats where you get the first indication, so were seeing big doubledigit gains in swim. We want to make sure were lighting so you know last year we invested in mannequins. And once we put them in place, we realized we didnt have the right team in our stores to maintain them. We invested in visual merchandising and put 1400 experts inside our stores, so that back to experience, every the home vignetted look great, remind the guest theres lots to experience. The experience is there with i have a target its fun, its always different. Youre putting some targets where my kids are, in cities could be a big enough footprint for target. Youre changing your format . Were following the consumer. We both know that the u. S. Consumer is moving back to urban centers. 75 of millennial, they want to live in constituents and around college campuses. Were simply following the consumer. We recognize we have to customer many tailor our stores. I cant find ten acres in new york city or chicago, but i can find some great neighborhood location, where you might have a 10 or 15 or 20 or 30,000 square foot store that has assortment, customized for the localized where the consumer lives. Downtown new york . Tribeca in october. As soon as we made that announcement, im getting emails from local consumers in that neighborhood saying thank you for bringing target to our thats the approach were taking. Thats a young neighborhood, where people have children this is where you get the lifetime i know the baby kids wellness, so the interactions where you nailed them before others . It is, but its also making sure the assortment is right. So try becka baby babies will be important the on the college campuses, university of maryland, its a different assortment. I have to have the right home essentials, technology is important, food plays a different role, so we have to have the flexible formats to to be custom tailored. We opened up a location in chicago by the navy pier. One of first things i heard when i talked to the team about what assortment do we need to add was they said, brian, you need converters and adapters. Im sitting there saying why . Well, its all the tourists down there for the navy pier. Theyre stopping in our stores saying do you have a converter . Do you have an adapter . So every market is a little different. We have to make sure were customizing the assortment. How do you get people interesting enough . Nice enough that i want to interact . The largest retailer in the company has a reputation these days of struggling trying to get people we want to communicate with. Target, no. How do you get these associates . What is special that you offer that they want to work at attracting one of the best teams in retail. In fact i sit here today feelings if ive got the best team in the retail industry. We invest in our people. Last week aloerch we had hundreds of our team members in minneapolis for a full week of training. So we want to invest in that talent, make sure they know they have a career with our company and make sure when they come to work, they come to serve our guests. At the same time we obviously have to care about shareholders, youre returning a lot of capital. Back to the old days of growth stock and buyback. Thats how i look at it, we are clearly focused on growth. As i think about where we are today, its a growth story. Its about a consistent growth story that providing a great return, but focused on our guests. I think to unlock consistent growth, every day we have to recognize what our consumers strategies. We start with our guests, think about our team members and ultimately its a great return. Last question, i know what you have done is similar to what disney and proctor have done, how many are in the store . And how many this Time Next Year . Two none billion dollar brands, and were excited about it. You dont know yet . Are they secret . We announced a couple weeks ago. Right. The new brands for kids and home. The early reaction has sensational. And then were just about to launch a brand in apparel called cat and jack, which we think in our apparel line for kids. I remind our team not everyone can introduce billion dollar were focused on delivers, what our guest is asking for, and im excited about the work the team has done. Congratulations. Brian cornel, chairman and ceo of target. Thank you so much. Thank you, jim. Coming up, wall street may have focused on the fed this week, but its yellens next move that has cramer all riled up. He takes you inside the head of the Federal Reserve. Next. Olay regenerist renews from within. Plumping surface cells for a dramatic transformation without the need for fillers. Your concert tee might show your age. Your skin never will. Olay regenerist. Olay. Ageless. And try regenerist microsculpting eyeswirl. It instantly hydrates to plump and lift. Ugh. Does your carpet ever feel rough and dirty . Our new formula not only cleans and freshens but also softens your carpet so its always inviting. Resolve. A carpet that welcomes you. Theres a more enjoyable way to get your fiber. Try phillips fiber good gummies plus energy support. Its a new fiber supplement that helps support regularity and includes b vitamins to help convert food to energy. Mmmmm, these are good nice work, phillips the tasty side of fiber, from phillips. Hes asleep. Ive got the gelato. Is that ice cream . No, its, uh breyers gelato indulgences. It looks like ice cream. Its not. Can i have some . You really wouldnt like it. Its got caramel and crunchy stuff. I like caramel and crunchy stuff. Its not for kids. Im a grownup. Breyers gelato indulgences. Creamy gelato, rich caramel, topped with crunchy curls ive been on my feel all day. Im bushed yea me too. Excuse me. Coming through ride the gel wave of comfort with dr. Scholls massaging gel insoles. Theyre proven to give you comfort. Which helps you feel more energized. All day long. Weve gotten many calls from viewers about whether its time to invest in reit. I want to hold off until i get a better read on the whole sector. But that brings me to ven dtas. It last reported alternates over a monday ago delivered substantially higher than expected revenue analysts expecting only about even some analysts were concerned. Sing think the to be has come roaring back to 62 as of today. Yet still she the bank an chairman hear about more of where the company is headed. Welcome back to mad money, deb. Good to see you, jim. It finally happened, i think. They etfs and stocks have gotten to the point where you have to defend ventas simply because they all trade together. Im going to give you the floor to explain why your Business Model is different and why the move is the right one and not just a short squeeze. Great. Im happy to talk about it. Were a diversified Business Model. We are the landlord and capital provider to the leading health care in Senior Housing Companies Across the country. We have a great portfolio, a great team, and a diversified way to go reline cash flowing every single year, reliable different on a strong ball sheet and have proven that over 17 people say youve had ventas on and you love it, but jim youre not aware of the overbuilding thats been going on in Senior Housing. 70 of our Net Operating Income comes from infill superior coastal markets where theres very limited new development. There are pockets of new supply. The reason there are pockets of new supply, everybody we have a great portfolio. We have projected 1 to 3 samestore growth in 2016, and we think our portfolio will continue to perform and certainly be incredibly well positioned in the intermediate term when this wave the seniors comes at us. That guidance, a substantially lower guidance than in 2015. You have to ask her about that. Okay. Our guidance last year was 3 to 5 . We delivered 9 , had excellent results. What we like to gift investors is a transparent money in the bank kind of guidance with no real external acquisitions. All you know were a consolidation play. We have rolled up many companies, many properties. We continue to look to do that, but i think on a 31 billion company, with a good different, just repeatable growth is pretty darn strong. Others are saying they have taken on substantial medicare risk. That doesnt seem to be the case at all. Its in fact completely the opposite. One of the things that people have not liked recently interest some Health Care Reits is exposure to Skilled Nursing, which is undergoing some what ventas was an innovative spinoff of all of our Skilled Nursing portfolio, really proving our expertise and understanding of the health care business, and we have only 4 of our Net Operating Income, which is 1. 9 billion. 4 of that coming from Skilled Nursing. That is from the industry post acute leader Kindred Health care. We feel great about our spot on that. We feel like we were very ahead of the curve, as we try to continue to be. So a new president comes in and says were going to slash spending on assisted living, on nursing homes. How bad is ventas hurt . I do want to say 83 of that billion nine comes from private pay sources. Here people who buy and do ver nice out of their pocket, or in our case, maybe out of their childrens pockets. So that would not change our net outlook at all. We have a small amount of government reimbursed assets with the leaders in the business. Were a landlord in the super senior secured piece of paper and those tenants capital structures, with well covered guaranteed leases, so i would expect we would continue to be insulated from changes that may come. And one of the things that ventas is one of the better balance sheets. If you have opportunities, they will accuse to your fantastic shareholder base. We have a great cost of capital. We work hard to keep that. The integrity of that cost of capital so that we can acquire the best assets, make the most profits on the best assets and continue that virtuous circle of reliable growth. I will say this about you. Youve been the best performing reit, the best yield and safest. I think people should understand mad money is back after the break. Thank you. My son and i used to watch the red carpet shows on tv now, im walking them. Life is unpredictable one thing i need to be because i have used head and used regularly, it removes keeping you every week, every month, every year you ready ma . Always life is unpredictable, head and shoulders. Live flake free for life no one burns on my watch try alkaseltzer heartburn reliefchews. They work fast and dont taste chalky. Mmm. Amazing. I have heartburn. Alkaseltzer heartburn reliefchews. Enjoy the relief. Our bacteria familys been on this cushion for generations. I like to watch them clean, but theyll never get me on the mattress new lysol max cover with 2x wider coverage kills bacteria on big, soft surfaces. Discover a new way it is time. It is time for the lightning round on cramers mad money. Rapid fire calls. And then the the lightning round is over. Are you ready skeedaddy . Lets start with tony in new york. Tony. Caller jim, thanks for taking my call. A position at kmi, about 3,000 shares, and i you know what . Im not crazy about kmi, not crazy about the mlp space. Theyve had a run for a couple days, and i think its right, but im not going to tell you to buy kmi. Ayaz in new york . Caller how are you, jim . Im good. How are you, sir . Caller my question was american power. Ive liked it for ages. Theyve been acting terribly. Suddenly theyve come alive. What i suggest to people is they in buy, not sell. I want to hold seagate. Western digital has a and realmoney. Com, it looks okay. I dont want to buy it, i dont recall to sell seagate. Alan in pennsylvania. Alan . Caller booyah from springfield delaware county. Whats up . Caller i wanted to get your accumulated mark on one of your old favorites. When i to the to brian cornel today from target, he continue toss believe that natural and organic is the right one to be. This one has sluggish, you know my Charitable Trust still likes it. Im expressing support once again to buy white wave. How about tyler in pennsylvania . Tyler . Caller a big booyah from bucks county, p. A. I lived there and loved it. Im from doylestown. Whats happening. Beginning with the letter t. So somehow i dont believe in coincidences, but it came up on mild computer screen, a Company Named tyler technologies. I would have to why tyler is doing so badly. Because other companies in that business are doing well. Tonight, adobe, as i told you, fantastic number. Lets do some work, tyler. Jim in florida. Caller thanks for taking my call. I was watching the stock, i know biotech is getting hit hard. I was looking at stock abb. Only baas it yields 4 , we have donald trump not liking them, we have Hillary Clinton not liking them. Thats a lot of powerful hate. You have to be careful. Stay small in the group. Jennifer in new jersey. Caller thanks for taking my call. Vly. Banks right now, because the Federal Reserve did not raise rates. So lets stay away. That concludes the the lightning round. The lightning round is sponsored by td ameritrade. I think we shouldve taken a left at the river. Tarzan know where tarzan go tarzan does not know where tarzan go. Hey, excuse me, do you know where the waterfall is . Waterfall . No, me tarzan, king of jungle. Why dont you want to just ask somebody . If youre a couple, you fight over directions. Its what you do. If you want to save fifteen percent or more on car insurance, you switch to geico. Oh ohhhhh its what you do. Ohhhhhh do you have to do thattright in my ear . A heart attack doesnt care if you run everyday, or if youre young or old. No matter who you are a heart attack can happen without warning. If youve had a heart attack, a bayer aspirin regimen can help prevent another one. Be sure to talk to your doctor before you begin bayer aspirin. Hey there, heard the good news . Spray n wash is back. And even better. Its powerful formula removes everyday stains the first time. Which is bad news for stains, and good news for you. Spray n wash. Back n better. Olay luminous illuminates skin with pearl optics science. Your concert style might show your age, your skin never will. With olay you age less, so youre ageless. Olay. Ageless. It calling all the plays on what goes into your body. A Healthy Eating plan that is right for you. T get caught making a bad play. Make being healthy your goal. [blows whistle] whats happened to the fed december . What occurred to make them so unsure of themselves about four rate hikes in 2016 versus how strident they were three months ago . I think this puzzle has to be solved. Its the difference between grabbing the next entry point, if you set the scene there were plenty of people calling for a rate hike all last fall, but the collapse in china caused that talk to be put on hold. We can argue whether thats too specific, but when everyone with lots of capital is worried about where the Chinese Market is going to open, and we had all august flash crash that took the dow from 0,500 to 15,600 in just a handful of davis, lets just say, you get the picture, but then the dow rebounded and china looked under control. Even as we were getting softer nonwage data, next thing they were talking about the artificial flash crash lows, as threw acetylene on the fire, at the same time one part that was still doing well, oil and gas industry simply collapsed. While we can geographically contain the issue to only a dozen states, i think even the fed wall street shocked at the hundreds of billions of Energy Default risk that suddenly appeared all over the place after that rate hike. Any thinking person on the Federal Reserve would have to believe the december rate hike triggered a wave of deflation that had been hypotheticaled out, but it turned out to be spot on. Coupled with the dramatic and instant decline in the wealth effect that had been buoying the markets. So reason number one, the risk tilted suddenly toward deflation, and tightening in a deflationary scenario is tantamount to economic suicide. To be a boost in wages, but the data says otherwise. If you strip out the impact of mandated wage laws, they have gone fallen, not gone higher. Ideologues, so many of whom have microphones have totally lost touch, because theyre so darn rich, they dont even know the real world anymore. I could easily be the same way if i didnt have some involvement in actual Small Business. Thank you. Just a sec, let me get get rich carefully. We arent getting what the textbooks say we would. I think wages would be falling hard if it werent for the minimum wage so its basically nonexistence, because theres nothing the fed can do about these laws. The exporters are doing so terribly while theres no wage to have changed radically. The Foreign Companies want to take our jobs away and theyre succeeding, so lets throw out the bums who are running the country and get protectionists. I was amazed how Little People paid attention when they discussed the feds more dovish stance. Finally i think this Holiday Season was dominated by the digital economy. The internet is producing a lower standard of living, further compromised by both higher government mandated Health Care Costs and upward spirals of rent. Janet yellen isnt why we would go into recession. I think the fed woke up to reality immediately before the election, and were all the better for it. Stick with cramer. It. Stick with cramer. Where are you . Well the squirrels are back in the attic. Mom . Your dad wont call an exterminator. Can i call you back, mom . He says its personal this time. If youre a mom, you call at the worst time. Its what you do. If you want to save fifteen percent or more on car insurance, you switch to geico. R its what you do. Where are you . R its very loud there. Are you taking at zumba class . I take pictures of sunrises, but with my back pain i couldnt sleep and get up in time. Then i found aleve pm. Aleve pm is the only one to combine a safe sleep aid plus the 12 hour pain relieving strength of aleve. Im back. Aleve pm for a better am. Because im a woman. Do you think im gonna crack under pressure or conquer the field . Defy expectations any day with always infinity. Made with flexfoam. Absorbs 10x its weight. Rewrite the rules. Boy this is the story of a boy who was very sensitive to lights and sounds. So he built secret hiding places where nothing could get in. The boy didnt like looking people in the eye. It made him feel uncomfortable. One day, he found out he had something called autism. His family got him help. And slowly he learned how to live with it better. A lifetime of difference. Learn the signs at autismspeaks. Org. All day people ask if the rally is real. Dollar keeps going down and two if it broaden to technology. We did expect that great quarter. I like to say theres always a bull market somewhere, and i promise to find it right here on mad money. Im jim cramer, and i will see you tomorrow. It is e friday, march 18th. Coming up on early today, is old man winter go having another massive winter . And a mounting effort to stop donald trump in the race for the white house. Plus, soon every car in the land will have this special safety measure. March madness is in full swing, plus a whole lot more as