Here is what is so difficult to fathom about this market. Everything weve learned in the last decade is worthless. Every relationship, every alga rhythm, none of it works anymore. Not only that, even the old paradigms from previous decades are worthless. With stood the test of time of going gonzo and were baffled, especially on bullish days like today where the dow gained 92 and nasdaq 3. 2 . Its almost as if we have a whole new environment that doesnt jive with the reality of the old days and therefore seems to be nonsensical and its positive animal spirited nature. I say thats plain wrong, people. This market is fathomable but right before our own eyes, we are undoing a ton of what weve learned. Because were simply on a journey to a different arguably better place. Let me give you the road map of everything we have to unlearn and perhaps that will help us see how stocks can keep hitting what seemed like unbelievable new highs but id say our rational exuberant. When the Federal Reserve speaks and fed chief janet yellen spokes like today, we want to hear business is doing better, that he needs to raise rates. This desire we want her to chant tighten income a theater is to anyone thats experienced money. In the context of the last ten years wanting higher Interest Rates seems crazy, right . You have to recognize is we now have real Economic Growth that doesnt mock the trajectory of average but confirms them. I can hear you snickering, retail sales isnt anything to write home about. I disagree. If the fed tightens when business is weak its disastrous but good, then there is tremendous validation of the stock move and we crave validation. Sometimes i wish janet yellen watched mad money that would be a nice valentine because she would realize al kelly on tonight and especially an e commerce, shed what were talking about on the show. For the longest time i thought the Federal Reserve, i thought they had the most data. I no longer believe that. I think the fed data is local and wow, an nikt dote. For years higher rates were bad news for the market. The fed support any more than intensive care. Beginning december of 2015, we left and went to rehab but it didnt go well because of a collapse in oil and international weakness. That premature trip to rehab drove us back into the icu and last december, 2016 we got a rate hike and this time things are different. The rehab took and weve resumed our regularly scheduled economy. The showed conclusively the economy was strong in the Fourth Quarter and continued to accelerate. I can take you to the bank. The cost of the market, the loss of the upper momentum of the bond market equivalent stocks like proctor and gamble and nelson announced a sizable position this evening or the highest tech growers. Think fang. No big loss if you ask me. In return, though, we get the upper momentum and big groups, thats plenty on days we dont fret about border tax on days like today one day before Retail Executives meet with the president we cant get a rally in restaurants, too. This is the kind of leadership that is stunning to watch and calls for a whole sale shift in your thinking. You see, rates have been so low for so long because they needed to be so low for so long. Now for them to go higher because rehab is over, economy is humming again. You know what . We got to get higher rates. Second, we have a probusiness presence and completely forgotten what thats like. The stock market rallied for sure. Ill see the tweets tonight. Not the stocks rallying now. Totally different group. Granted, the obama stocks were plentiful enough to carry averages higher but the torch passed. Lets say its passed to the likes of bank of america, j. P. Morgan, so long since weve seen these banks as leaders its too puzzling for some. When will it end . Tomorrow, next day, wednesday . Me. I wonder how these bank stocks could be so cheap versus so much of the market and only going to get cheaper if trumps deregulation allows him to return capital at their pace and not the pace of the feds. Of course, trump has a ton of baggage and baggage blinds us. I get that. Lets take the case of Michael Flynn who resigned as the National Security advisor. Its top of news. Its top of mind. What does it have to do with the price of j. P. Morgan . For all this market cares, it might as well have been aerorow flynn which brings me to point number three, what do the managements of Market Leading Companies think of donald trump . You know what they tell me . Someone you have to live with, you got to make your peace with while you focus on your business. I left out the word laser out here you cant say just focus, you have to say laser focus, my bad. Most of the companies im meeting out here have a eye quality problem. They have more business than they can handle. Some because they have to hire more people because the u. S. Is strong. Some of it is because europe is better, china is better, latin america is better except for brazil and venezuela. When everything is better here in worldwide, trump is not much of an issue except to think whether they should take a meeting with him or not and most would rather take the meeting and be part of the conversation than risk an tag guitagonizing. The banks can make a fortune by taking your deposits and letting them out. Thats the truth. Thats the gospel. In fact, this leadership demands it. A president whose probusiness is a president whose agenda is only going to be good for business even if its a little unorthodox . Third, you may think our stocks are over valued but when you look around the world, ours are doing better supreme over valued because their economies have been lousier than ours, thats why. When you listen to al kellys description what countries are doing better according to hard data, you know what im talking about. The bottom line, you got to stand the road map on its head and accept the market is better here and abroad. You cant dust off the old playbook because rates are low. Instead of dumping stocks as weve always done in the past you got to buy them this market is saying that momentum wonteme broken up. And that, my friends is what this shift of a rally is really about. Im talking calls and going to ray in georgia, ray . Caller booyah, jim from the home of the champion, the atlanta falcons. Im a falcon fan. Go ahead. I have a position in expedia 108 and with the recent Earnings Call mixed results they forecast higher expenses. Should i hold or sell and take my profit and put it to work somewhere else . Pmy friend, i think youve been brainwashed by the media there. I thought that quarter was excellent. I think youre in terrific, terrific shape. I want you to stay long expedia because i think they are having a monster year. Why is this market going up . Business is better. Its a raising tide and something almost all boats. I got an exciting dish defying the future from cnbc one market here in San Francisco ahead. You got the card in your pocket but should the stock be in your portfolio as it knanavigates an talking with flex, the manufacturer involved with everything from your kicks to the connecting car but first, hes a ceo like no other. Kind of an understatement. Tmobiles fight with the competition and these shoes. I stay stick with crime. Dont miss a second of mad money. Follow at jim cramer on twitter. Send jim an email to mad money at cnbc. Com or give us a call at 1800743cnbc. Miss something . Head to mmad money. Cnbc. Com. Lih tget pae. Rtan with you™4 insur cpar lih berty y i d neneedng bune. Fstid wugh. Unl que antwic houiokt how can they do that . Thats part a of my answer. Im always telling you management matters, that the people running the show at a Given Company can make a huge difference. Case in point, the outspoken hard charging ceo of tmobile. Roughly four and a half years ago tmobile ran a Wireless Company and had trouble competing with the big boys. Att and verizon will take them out of business and took over and turned tmobile into the uncarrier. A consumer friendly phone company. Is that incredible . Who are always trying to lock you into lock contracts and hit you up with hidden fees. Ledger broke the mold and not just tmobiles hilarious super bowl ads but his strategy made the company successful, profitable, lucrative. A few years ago it seemed they were fading and they cant stop gobbling up market share from verizon and at and t. Tmobile delivered a monster 16 cent earnings beat off a 29 cent basis higher than expected revenue of 23 year of year and nearly 1. 2 million branded postpaid new subscribers. The companys turn is extremely low and management gave solid guidance. This is a fabulous story but dont take it from me. We checked in with the ceo john lege legere, the man that masterminded the turn around. John, the truth is you did have the best numbers, we know that. By a mile. We will stipulate that so we dont have to talk about dumb, dumber and yellow. I need to know about ehtos. Many believe if you become anything but it will hurt the model. Youre a living, breathing example thats wrong. As an example, this button down ceo would like to give you this valentines card and it says verizon is red, at t is blue, tmobile loves their kur me customers and we love theirs, too. Thats its own sweet way. I know it was your birthday and im not always around and sometimes you need to hear from me. To your board, i created i wanted to give you something fun for the times when i cant be there in person. The rare moments. So its a button and im going to give it to you. You can press it and it says things like. We wont stop. Or. Dumb and dumber just dont get it. And then, of course. Just shut up and listen to your customers. So im going to give you that and when its tile to think about me, you can do that. Why isnt there a lawyer who says hey, listen, you know, i john, youre off the reservation. Yeah. What isnt there a lawyer who says that . There is but then we took them off the reservation. Listen, when i started this game here, you know, there was a lot of questions about my who i am, how i dress, what i do. I said many times i am my customers and somebody said hey, john, youre the coolest ceo. We have to take that in two pieces. Because ceos arent cool. Some book was written at some point in time that said you have to be a suit. You cant say this. Youre a big social media player. Congratulations on 1 million followers. Thats its a whole different game and by the way, i think in a short period of time, other companies are asking themselves, hey, wait a minute. Maybe there is a different way to engage our customers and employees and, you know, thats what i am. Im all about customers and employees. Lets talk about something that the other guys, we make they havent different characterizatio characterizations. Att seems to recognize hey, maybe were a content company. We have to buy timewarner. Verizon says were buying yahoo and aol. Look, you busted but maybe this is a new one and you need conte content . Do you buy that . Hello, im Randall Stevenson speaking to you from pebble beach where we will be golfing. Youre not allowed to imit e imitate. Why can you industries change, why do you need to fail in the one that youre in . Maybe it is just this is a device and you need content . Hey, lets not rule it out. They cant be stupid and stupider. Why every time you need to do something, do you need to use the Balance Sheet and own and control the next move . Why do you have to pay 50 billion for direct tv and 85 billion to buy timewarner . Right . Why . Let me tell you, you dont. Here is your smart phone. Everybody that has one, picks it up and listen to all these suits and say, you know, the young kid with the phone says what the hell is a cable industry . Whats a Wireless Industry . I dont know what that is. Why i want to pick that up and watch what i want to watch where i want and i want it free. Okay. Let me ask you something. Im watching the super bowl with my buds no eagles, no seahawks. Dont i love the eagles. Thank you. Not as much that was going to be a down i was doing great and you decided to pull the plug. How did you come up with a commercial to make it so we all stopped and what would be the actual commercial had you been able to run it . Okay. So what we did first of all, back to the other guys. Yeah. We dont have the money they have. We cant constantly drone on on the defense with commercial after commercial. So what we do is we pick our moments and then we do them big and disruptive and work around them. We manage the social. So we were, by the way, we were the biggest advertiser in the super bowl next to budweiser. How cool is that . Just worthy. You have an roi. Yes, my god. Let me give you the number. What happens is we started looking at commercials and they have to stand out. We liked what we had so much that we bought more spots. We had one with Justin Bieber and by the way, on the side, we convinced Justin Bieber to come back to instagram, the most followed guy came back and what did he post . He posted this. Snoop dog and martha stewart, adorable. Great. We had two with christian shawl who takes on 50 shades of darker and fabulous. I thought there was like a sexual implication. Was that correct . Oh, yeah, my god. By the way, two of our commercials were banned until we made small changes and, you know, the second one which is a 60second commercial about an interaction with a verizon rep with taxes and fees and she had a harry met sally moment was hilarious. We had 4 billion social immigrations on our ads. Our commercials were viewed 90 million times. We were the second most talked about brand on twitter behind pepsi and the most discussed super bowl coal mesmmercial. Is there something bigger you want than more subs . Yeah, remember, when i started this whole thing, and uncarrier moves ago, i stood on the stage and said were going to fix a stupid, broken, arrogant industry. We announced were all in an unlimited because the mobile net should be viewed unlimited. Our goal is to get everybody kicking and screaming. Guess what . Verizon folded their hands and came kicking and screaming. Thats our goal. What we want to do, jim, there is major changes needed and they range from fund new devices 5 g and small things like how do you serve customers in a totally different complete way. Thats highly motivated. If i were a company, id say id buy it to put you out of business or to be our leader. What do you think . Yeah, no, come on, i would, too. You talking about me or the company . In the suits meaning i would say i aint buying it. Three years first of all, do not walk across the street with me, id say. What happens . What would you do to me . Youre right. Youre right. By the way, for three years, by the way, thats how they all think. They dont think they need to change. They think you need to disappear. Guess what . Im not my team is unbelievable. My people are passionate, my grand is incredible. I created the next 20 years of leaders. They cant get rid of me because i created 100,000 of me. John legre tmobile. The guy, thank you, bud. Thank you. Coming up, is this what a new tech Company Looks like . Well have the opportunity to bring over 2 Million People in the in the commerce system into it by mobile technology and internet. He wants to be a central part of your every day life and to do that they are going beyond the ceo joins cramer when we returns. Diyoowf thcloudnsn idel car . I seell s dring. The futu diyoowf thcloudnsn idel afstet lps. I seell uns he. Anclourun woert t he 2 r atalcawhs ctithin l a ba cts . Whsiritheertithin l what irth ta to ur whsatale oftcapitaiste,nolt t hamatters . When you think about san tran based companies changing day to day behavior and defining the future, your mind goes to red hot tech startups, incredibly cool apps but there is another huge company head quartered in San Francisco thats changed the world and continues to do so. Im talking about visa, letter v and a 200 million dow stock that operates the largest ele electronics filled with technology. Within the United States most of us made the transition from actual currency to credit cards but in the rest of the world, this transition is on going and remains one of the greatest secular growth stories out there. Now for years visa stock was super strong because it was a nonbank financial and a goto holding for Money Managers that wanted financial exposure but wouldnt touch the actual banks. It was during the whole Obama Administration and the immediate aftermath of the election, visa stock sold off as Money Managers swapped out of this stock to swap into the beloved banks but as it turns out, selling visa huge mistake and the stock is roaring back to alltime highs and didnt hurt that visa reported a spectacular quarter less than two weeks ago, a marvel. I had a sit down with al kelly, the new visa ceo on the first appearance on cnbc. First of all. Im thrilled youre on mad money. You did a remarkable job. Great run. Tell me how you would accelerate a run in every business . Thanks. Its great to be with you. The economies look good. With the exception of brazil the Third Quarter was terrific. We saw real strength in the u. S. And mexico and some of the countries in asia and when you look at the u. S. , we think it was the best Holiday Season in the last five years or so really driven by great volume and e commerce. E. Co commerce really carried t day and seeing credit card volume, driven by cash back offerings and cobrands really starting to take a bit of a distance from debit card spending. Its important to recognize visa may be the accurate tell. We could hear the retail sales may be weak but wouldnt visa have the better scope of everything worldwide . I think so. Were the payment leader worldwide and in almost every country, not quite everyone but almost every country and i think we have enough scale at this stage in our mat ration as a company, we have a good read. With your addition of europe, no doubt about it, if you think europe is Getting Better and you said japan is better and britain is better, thats very contrary to what people think. If you strip away the things unique to visa and look at europe volume up 10 versus 7 in the Third Quarter f