Im here to level the Playing Field for all investors. Theres always a bull market somewhere, and i promise to help you find it. Mad money starts now hey, im cramer. Welcome to mad money. Welcome to cramerica other people want to make friends. Im just trying to make you some money. My job is not just to entertain but to educate and teach so call me at 1800743cnbc or tweet me jimcramer. Now, i know the president is a place to do business, and threatening sanctions against unfair trade practices, but another way to do business with america. You can buy one of our finest exports. With the fact that the defense is the only thing republicans like to spend money on, no wonder this group has been so strong hopefully lockheed will say something. A Modest Company that cases a quick dip so you can get in. Each quarter pfizer tries to come up with something new to intrigue us. Abbvie is up 13 i wouldnt hold your breath if you are waiting for that kind of thing from pfizer. Pfizer is like a utility
Surveillance. I am Francine Lacqua in london. Getting some breaking news out of the euro area. February services pmi falling to a level below what economists had forecast, 56. 7, instead of 50 7. 6. Manufacturing falling below 58. 5. Sts, at i do not think this will impact the eurodollar, 1. 2316. After the trading session that we had on yields and the huge bond auction that actually went according to plan you can see the twoyear yield over in the u. S. Practically unchanged at 2. 25 . Then we did see a reversal on european stocks. They were gaining on the back of asian equities and now they are actually down 0. 4 . Coming up on bloomberg surveillance, emerging markets and trade. Then we also talked canada and of course, more market movements ish blackrock and it budget day. We will bring you with the countrys finance minister, gigaba. Lets get straight to the bloomberg first word news. Under moreesa may is pressure with 62 lawmakers from her own party demanding a quick, clean break fr
Flat. R yen now we had seen it move lower throughout the session but were off the lows of the session and is vix is what everyone watching. 45 is how were trading on the vix. Thats like a quadruple from what we saw last week. Modestly higher. I was interested as to why we didnt see gold spike more. To be about equities and commodities kind of taking on the chin. Raises the question whether its fundamentals or technical. Well be die jekting over the next two hours. For the first take, there are three top stories. You have equitys and what is the fed going to do . David . Were joined by Michael Mckee, Bloomberg International correspondent and the reporter bloomberg news. What happened with the dow yesterday . Ill pull up a screen that tells story of two days in one chart here. One on the left is what happened on friday when we had those out about jobs. The one on the right is what happened yesterday. Michael, what does this tell us . Tells us that we saw return Inflation Expectations ear
Ahead of another summit in brussels. The Commission President putting it on greece to come up with a new proposal but no deal is expected today. Samsungs new normal. The south korean phone maker delivers another quarter of week earnings and challenges from elliott adding to the groups problems. Heres whats coming up on tuesdays show. This 42 Million Pound mansion is decked out with a gym, movie theater, and Swimming Pool but how easy is it to find a buyer . We found out later. Plus is a july rate hike back on the table . Find out why starbucks latest move is brewing some rumors and another bump in the road from ubers expansion plans. We have the details on the latest city fighting the taxi app. Lets have a look at oil prices. Brent and wti steadying after trading at the highest levels for quite sometime. Lets discuss that straight at the top. Interesting couple of factors. Yesterday was a generally risk off today. But stats out of opec as well as iran developments. What was the biggest
Michael the fed is getting easier today. We will go now to top headlines. The market selloff went global and it began in china where stocks fell the most since 2007. It fell more than 8 . There are growing concerns at the chinese economic slowdown is getting worse. At the opencks sell as the dax dropped more than 2 . Futures indicate that u. S. Stocks will be lower at the open and ended last week down the most in almost four years. Oil is down again today as well. Went low 45 per barrel for the first time in more than six years. Three american servicemen have been awarded frances highest decoration, the legion of honor. They helped foil what could have been a mass shooting on a french train and they spoke yesterday at the u. S. Ambassadors residence in paris. The gun man would have been successful if my friend spencer had not gotten up. I want that lesson to be learned Going Forward. In times of terror like that, please do something. Dont just stand by and watch. Vonnie the gun man is