jim bakker! >> in a sense, there's nothing that would've predicted that jim and tammy bakker would become television stars, from their beginnings. >> look at there, there is a picture from the old bakker family album. >> he grew up in this environment where you didn't dance. you didn't drink. you didn't smoke. that that was not the world he wanted to live in. >> the only part of high school that he really did well at was in theater. >> i'm the oldest of eight kids. we had an outdoor bathroom all the time i was growing up. >> that's the way we looked when we got married. >> jim and tammy met at north central bible college. they went on three dates in one week. >> that's just after we were married. >> on the third date jim asked tammy to marry him. >> and fairly soon thereafter were traveling the road and entertaining at different churches, pentecostal churches. >> jim and tammy faye were part of the charismatic movement. >> you are healed in the name of jesus. >> oh bless your name. >> whoops. >>

uncle jim met me at union station as i got off my train. when i told them that my civics class wanted me to make a report, he walked my legs off showing me how the federal government works. we started out at the plaza in front of the station. the first thing he showed me from the station was capitol hill, the seat of our federal government. federal agencies are scattered all over the united states, but washington is the center of all national government activity. uncle jim felt we better start with a library of congress. it is the biggest and most important library in america, set up originally for senators and representatives, but open to all of the people. here are most of the important documents of the government, and copies of most newspapers and magazines published in the united states. one thing we wanted to see was in a glass case near the front of the building, the foundation of all of the powers and laws of our government. we couldn't have our form of government without the original constitution of the united states of america. it

jim: i agree. i think the retail numbers have been good and the hiring looks good and the weather has been pretty good too so that gives us a boost. we may have to pay that back later on. overall, i think the economy currently, as he was saying, is in good shape for now, how about over the next several months? it might be slower. jonathan: let's talk about what that means to the bond market. a big bed into the equity markets -- big bid into the equity markets. looking at thursday's price action at the front end of the treasury curve, you would think the world is coming to an end. what do you make of the moves at the backend this week? a real 180. margaret: rates have moved around a lot, but they are still very low compared to where they were the last year. it says that the market is really feeling concerned about the outlook for growth. i think the flat yield curve historically has not been a good indicator. the curve is really flat out to five years. i think it's more important to look at rather t

>> jim did. that was the kind of man he was -- a southern gentleman with a little edge. >> jim was just bigger than life. yeah, we got married, i think, a few days after i graduated from college. >> these two colorful characters, jim and susan mcdougal, were straight out of central casting. >> when jim got a job working for arkansas senator william fulbright, he hired a young man named bill clinton. >> jim just really loved him. not long after i met jim, up roars this great-looking convertible. and bill clinton jumped out and came over. and he started telling us this story of being in love with hillary. jim said, "this is for real, because he never talks about anybody like that." >> they became friends with the clintons, and so jim got the clintons to invest with him on a couple of little things. and then they came up with the whitewater estates. >> jim was always looking for property. and then we would go in and talk to the professionals in the area. and that would be chris wade and rosalee wade

uncle jim met me at union station as i got off my train. when i told them that my civics class wanted me to make a report, he walked my legs off showing me how the federal government works. we started out at the plaza in front of the station. the first thing he showed me from the station was capitol hill, the seat of our federal government. federal agencies are scattered all over the united states, the washington is the center of all national government activity. uncle jim felt we better start with a library of congress. it is the biggest and most important library in america, set up originally for senators and representatives, but open to all of the people. here are most of the important documents of the government, and copies of most newspapers and magazines published in the united states. one thing we wanted to see was in a glass case no the front of the building, the foundation of all of the powers and laws of our government. we couldn't have our form of government without it -- it is the original constitution of the united states of am

jim: i agree. i think the retail numbers have been good and the hiring looks good and the weather has been pretty good too so that gives us a boost. we may have to pay that back later on. overall, i think the economy currently, as he was saying, is in good shape for now, how about over the next couple of months? it might be slower. jonathan: let's talk about what that means to the bond market. a big bid in the equity market to end the week. looking at thursday's price action at the front end of the treasury curve, you would think the world is coming to an end. what do you make of the moves at the backend this week? totally whipsawed a real 180. , margaret: rates have moved around a lot, but they are still very low compared to where they were the last year. it says that the market is really feeling concerned about the outlook for growth. i think the flat yield curve historically has not been a good indicator. the curve is really flat out to five years. i think that is more important than a one-day r

jim? >> you know, look, everybody is excited about the semiconductors credit suisse decided to rain on the parade they are talking about nvidia. the overhang persists. do not be so aggressive. i have to tell you this is an opportunity to buy nvidia yes, one quarter that is a gap buy some now and when they report their new chip came down in price. my friends in the gaming industry say people are going to start writing for it they have machine learning, artificial intelligence. don't give up on nvidia but recognize this quarter is still not a good one >> all right, jim. how do you follow up last night's "mad money"? >> well, you know, we're going to bring in brent saunders from allergan people are still saying it's not transformational the stock has been cut in half maybe at a certain point, let's say we have to wonder what allergan is really going to do >> jim, see you tonight. "mad money" 6:00 p.m. eastern time a big week as jim remains at the jpmorgan health conference in san francisco. d

jim: i agree. i think the retail numbers have been good and the hiring looks good and the weather has been pretty good too so that gives us a boost. we may have to pay that back later on. overall, i think the economy currently, as he was saying, is in good shape for now, how about over the next couple of months? it might be slower. jonathan: let's talk about what that means to the bond market. a big bid in the equity market to end the week. looking at thursday's price action at the front end of the treasury curve, you would think the world is coming to an end. what do you make of the moves at the backend this week? totally whipsawed, a real 180. margaret: rates have moved around a lot, but they are still very low compared to where they were the last year. it says that the market is really feeling concerned about the outlook for growth. i think the flat yield curve historically has not been a good indicator. the curve is really flat out to five years. i think that is more important than a one-day ra

jim: i agree. i think the retail numbers have been good and the hiring looks good and the weather has been pretty good too so that gives us a boost. we may have to pay that back later on. overall, i think the economy currently, as he was saying, is in good shape for now, how about over the next several months? it might be slower. jonathan: let's talk about what that means to the bond market. looking at thursday's price action at the front end of the treasury curve, you would think the world is coming to an end. what do you make of the moves at the backend this week? a real 180. margaret: rates have moved around a lot, but they are still very low compared to where they were the last year. it says that the market is really feeling concerned about the outlook for growth. i think the flat yield curve historically has not been a good indicator. the curve is really flat out to five years. i think it's more important to look at rather than a one-day rally or correction over the latest economic data. jonat

right back to you, carl. >> all right, jim, thank you jim's not done he'll have more big interviews from the jpmorgan health care conference later on this morning including eli lilly's ceo david ricks. his company agreeing to buy loxo oncology and ricks and glaxo's ceo emma walmsley. a relatively quiet start given the action past few sessions. the tow is down 70 we're back in a minute at leaf b. [beep] you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. but you're not mad, because you have e*trade which isn't complicated. their tools make trading quicker and simpler. so you can take on the markets with confidence. don't get mad. get e*trade and start trading today. don't get mad. onmillionth order.r. ♪ there goes our first big order. ♪ 44, 45, 46... how many of these did they order? ooh, that's hot. ♪ you know, we could sell these. nah. ♪ we don't bake. ♪ opportunity. what we deliver by delivering. >>> tune in today at 1:00 eastern time for the debut of "the exchange" with kelly evans. kelly's special g

jim: i agree. i think the retail numbers have been good and the hiring looks good and the weather has been pretty good too so that gives us a boost. we may have to pay that back later on. overall, i think the economy currently, as he was saying, is in good shape for now, how about over the next several months? it might be slower. jonathan: let's talk about what that means to the bond market. looking at thursday's price action at the front end of the treasury curve, you would think the world is coming to an end. what do you make of the moves at the backend this week? a real 180. rates have moved around a lot, but they are still very low compared to where they were the last year. it says that the market is really feeling concerned about the outlook for growth. i think the flat yield curve historically has not been a good indicator. the curve is really flat out to five years. i think it's more important to look at rather than a one-day rally or correction over the latest economic data. jonathan: a lot

>> yeah, jim, there is no other way to see it frankly. the timing of it and also the precedent that was set in 2018, and you will remember that kim jong-un visited china three times in 2018 alone and two of the trips were just before that summit between donald trump and kim jong un in singapore in june of that year. there was another trip, a third trip that happened one week after the summit concluded, but basically what precedent telling us is that when kim jong-un goes the china, it has something to do with the united states. we know that plans are in place or trying to be worked on to be put in place for a second summit. so, we have not heard anything specifically from the north k e koreans or the chinese yet. it is kim jong-un's birthday actually today and we believe he is at a birthday party at the great hall of the people right now, and that is why we have not seen pictures, but we expect those two men to be lining up the strategic interests ahead of any possible summit and it is a good reminder that chai ha that is going to have st

jim! you're in! but when you have high blood pressure and need cold medicine that works fast, the choice is simple. coricidin hbp is the #1 brand that gives powerful cold symptom relief without raising your blood pressure. coricidin hbp. a little anxious sometimes. these days we all feel so i'm partnering with cigna, to remind you that how you're doing emotionally affects you physically. go for your annual check-up and be open with your doctor about anything you're feeling. physically, and emotionally. body and mind. i am a techie dad.n. i believe the best technology should feel effortless. like magic. at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. >> the state of the union is strong. >> by the time 1996 rolled around, the economy was doing well. the president had rallied from the early stumbles of his administration. >> the midterm defeat of two years earl

jim: meaning besides being used to run sewage into the ocean? [laughter] jim: many greater things. in fact, early on it was the best fishing spinal santa monica bay. which is ironic when you think about what they were doing to the ocean at that time.ular par. until they were able to on top of the pier. and what they were pulling out the time, among the fish at the time, were these very large giant black seabass. which while protected species, a a slow grower, but they were pulling out in the 20 century , these six-foot-long black seabass. 800 pounds. 80 years old. and i mentioned they are protected today. in 2005 -- that was pretty young and had a lot of growth to it. it is legendary fish. so fishing is very important part to the existing pier. the community has been most dedicated. they hear 24 hours a day and very happy we still have the pier. from 1916 to 1930, originally there was a wooden roller coaster and funhouses and things like that. and a merry-go-round was on the pier. that is the original from 1915. the buildings, in particular , that merry-go-round has been here since

>> it is a compelling offer, jim. and today, we have got more than 20 million active members of our piece of the pie rewards program. so we don't know the exact number of how many customers will come on board with us, but as the leader in the pizza category we see this as a great opportunity not only to grow the overall pizza category but also to invite new customers in to download our app and to try our product. we feel that when customers try our product, we've got the opportunity to bring them back again and again. >> all right i use my app to order my tomato pie when i'm watching an eagles game i like to watch them at home alone because if we lose i'm miserable. how many people watch the game on sunday and order the pizza because they don't want to miss even the commercials >> jim, it's a huge day for us you know, super bowl sunday we're typically up about 40% over a normal sunday we'll sell about 2 million pizzas answer about 4 million chicken wings. >> does it matter that l.a. is a big market and l.a. is in it >

follow @jim cramer have a question? tweet cramer at #madtweets send jim an e-mail to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. ♪ ♪ the unknown beyond the horizon. that was once our frontier. but today, a new frontier has risen. and this is the vehicle crafted to conquer it. introducing the first-of-its-kind lexus ux and ux f sport, also available in hybrid all-wheel drive. experience amazing at your lexus dealer. the latest inisn't just a store.ty it's a save more with a new kind of wireless network store. it's a look what your wifi can do now store. a get your questions answered by awesome experts store. it's a now there's one store that connects your life like never before store. the xfinity store is here. and it's simple, easy, awesome. ♪ >>> on a day where stocks got crushed, in part because of some hideous chinese data -- >> the house of pain >> it's worth asking what these bigm macro numbers mean for america and your portfolio yesterday, we get the imf t

jim in california, jim >> caller: hi, jim first of all, many things for your very insightful guidance and a good heart over the years. >> well, i sure do try thank you. that makes me feel good. we're back in new york and immediately greeted with positive positive energy. i like that. what's up? >> caller: all right well, i was born in jersey but i moved to a better place, san jose here. my question is on shopify. i purchased in several increments back beginning early 2017 it's grown 147% in my portfolio to now be about 14% of my total equity portfolio. >> okay. >> caller: i believe in long term investing and plan to continue holding on. do you agree >> okay, one, i typically don't like any one stock to be above 10% and i think shopify is terrific there was a negative series of articles written about i found that they're groundless. this is a great business it is about omni channel experience that's what you want so a discipline says cut it back but the stock itself is good all right. i think the stock of dollar tree is a bargain here. i just hope that starboard practices patience when

jim: i agree. i think the retail numbers have been good and the hiring looks good and the weather has been pretty good too so that gives us a boost. we may have to pay that back later on. overall, i think the economy currently, as he was saying, is in good shape for now, how about over the next several months? it might be slower. jonathan: let's talk about what that means to the bond market. looking at thursday's price and action at the front end of the treasury curve, you would think the world is coming to an end. what do you make of the moves at the backend this week? a real 180. margaret: rates have moved around a lot, but they are still very low compared to where they were the last year. it says that the market is really feeling concerned about the outlook for growth. i think the flat yield curve historically has not been a good indicator. the curve is really flat out to five years. i think it's more important to look at rather than a one-day rally or correction over the latest economic data. j

jim! you're in! ere. but when you have high blood pressure and need cold medicine that works fast, the choice is simple. coricidin hbp is the #1 brand that gives powerful cold symptom relief without raising your blood pressure. coricidin hbp. i am a techie dad.n. i believe the best technology should feel effortless. like magic. at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. >> the independent counsel prosecutors needed to quickly and quietly review the tapes linda tripp had given them and request jurisdiction from the department of justice all before the president's deposition. >> we have information that the president of the united states is already involved in an endeavor to obstruct justice in a civil-right's case. we don't want the president to know that we know all about that. >> the prosecutors were about to be forced to move even faster. >> i get a p

bob. >> thanks for taking my call, jim. genetic therapy stock, nvta symbol >> if you're going to do targeted cancer, you need a company like that. they presented very well at jpmorgan i'm going to say bye, bye, bye jenny in new york. jenny. >> caller: hi, jim thanks for everything you do to educate the inl investor >> that's the plan that's what it's all about >> caller: on a cyber security business, fortunate, the ticker is ftnt. >> this is a tough one i like paloalto networks which my charitable trust owns and i feel great about we're not done we're going to david david. >> caller: jim, a booyah, baby >> sounds good what's up? >> caller: my stock is come score, ticker symbol scor. what do you think about them competing against the likes of nielsen? >> yeah, you know, i think this is a victory that they've had versus nielsen i don't want to touch it it doesn't have the growth that i need jack in ohio, jack >> caller: hey, thanks for helping me out, jimmy. it's a dividend play >> yes >> caller: hey, the yield is creeping ri

let's go to jim in california. >> caller: hey, jim, hi, booyah. >> booy booyah. >> caller: how are you doing calling you by away of pennsylvania, springfield high school >> get out of town, go spartans, springfield in the championship. let's get them >> caller: and eagles obvious, i bought some century link at 16 today. >> oh, really? >> it's down from 21 >> it's really pricing in a dividend cut at this point i don't like the non-bell. they've all been bad in the end. i like verizon i'm a very big traditionist. i like at&t, too why don't we go to mimi in arizona. oh, i'm sorry, marty in ohio marty. >> caller: how you doing jim >> fabulous, how about you >> caller: okay. especially on "mad money," jim, what i'm calling on is dominion. >> letter d, okay, that stock is down merging with south carolina utility that a lot of people don't like i think they're wrong. i think you buy five, now i go to mimi in arizona, mimi >> caller: hey, cramer, thanks for taking my call. >> it's all about me, mimi. >> caller: i'm looking for a less volatile long-term play investment, looking at ibm down 30%.

let me go back to jimmy in washington jim you said in a previous comment that that it was the u.s. would pursue its own interest and its the american allies that were aligned with the american interest but as i mentioned at the end of the first part of the program the energy policy there's beginning to be a big divergence and if the europeans don't fall in line. they're going to be punished ok when you look at the sanction warnings about buying a rainy and energy a lot of they were a lot of countries that got dispensations but not really the europeans i mean donald trump because i'm for the complete break up of nato and a new security architecture for europe i think it's way overdue but you know donald trump with this rhetoric coming from his secretary of state well that's hastening it just bringing it closer to fruition which i'm actually quite happy about go ahead jim. well let me let me throw a little curveball here peter is that the suggestion has been made that donald trump is really playing four dimensional chess here and by putting all these these neo cons in his administrat

we will always fact check them here as jim just did. and listen to the president's own chief of staff over the weekend just yesterday to jake tapper about the importance of facts. mick mulvaney. here he is. >> there are not your facts and my facts. there are just facts. if you can't even have a basic understanding of the facts, it's going to be very difficult to come to an agreement. >> so then how damaging is what the white house is doing here to their own argument? >> well, so i agree. i think facts matter. and you can make a pretty compelling argument that some day terrorists could try to cross that border. there are plenty of other reasons nations should have control of their border. but i think, clearly, they are misrepresenting, trying to scare people into supporting what they are doing right now in terms of trying to get this wall built and using the shutdown as leverage. i think it fell apart. interestingly, i guess it's chris wallace on fox news who really, you know, put sarah sanders in a tough spot having her try to defend th

jim i got your point fang is not dead thas bo facebook is flplaying offense. did you see it a savage fang piece. >> they'll never make money again. that's what they are trading like >> not only is apple best days behind but we never had good days never. >> they have good trading dollars. can you believe this stuff what is apple selling at >> nine times. >> is that right >> i don't think it is i own it i've been buying that. i've been buying facebook. i've bought a little more google today. fang has over shot >> let's do something fun. everybody hold up their phones or phone or tablet >> i got it hidden here. >> that's a zeus or something. >> apple, apple, apple apple, jim couple of apples >> he's got two or three of them >> jim, i know you had that long great conversation with tim cook did apple -- every one is focusing on things tliek b s lie battery and consumer in china. did apple screw up the marketing? i've heard tv ads and people on tv say the 10 r sounds like a nissan it doesn't sound like a phone. >> i think they should cut price and build up that surf

jim and poppy? >> they have to figure out how to pay back the unemployment money they got as if they don't have enough to worry about. wow. thank you, vanessa, for the reporting. jim? >>> president trump is considering declaring a national emergency to bypass congress. in fact he's being encouraged by some republican lawmakers in congress now. according to one u.s. official he's eyeing disaster relief funds to pay for the border wall. that's money for things like storm relief in puerto rico and texas. let's go live to the white house with cnn white house correspondent abby philip. so taking money that was intended for elsewhere including the defense department and funneling it to the wall. how close are we to the president making this declaration? >> reporter: that's just the latest option that the president has at his disposal according to our sources. it's not clear today whether we are much closer to the president actually making a final decision on this. in part because there is still some disag

>> boo-yah, jim. thanks for taking the call >> oh, you bet. >> caller: hey, what do you think about this armored transport company that moves cash, and they're getting into moving cannabis now? eco. it's brinks. what do you think? >> okay, listen. i think this brinks went down ridiculously i thought it with australia great quarter. i think the stock is a buy there is really no reason to sell whatsoever. >> buy, buy, buy >> it's really good. christopher in california. christopher? >> caller: boo-yah from l.a. your thoughts on several mismanagement steps in the last year also down 35%. they do a multiple therapy in the pipeline i'm curious if it's worth it to best >> what was the one, i'm sorry san gamon they're beauty ticks. >> it's a great speck. let's go to damian in florida. how you doing? >> how you doing i still got you recording on that dvr, man. >> thank you >> ticker symbol zixi. >> well, you stumped the chump, man. i don't know that one. zix. zix is for trix. trix is for kids i don't know it.

james. >> caller: jim, it's james from connecticut. thanks for taking my call even though i'm a new orleans fan i really wish i had joined earlier. >> oh, thank you. >> caller: johnson & johnson, am i in a battleground stock? should i just sell with a very small profit >> okay, james, first of all, james, thank you for being a member of the club we're going to talk about j and j in tomorrow's call for the plus.com club. is it a battleground after the talc news, i think people think it is i've got to tell you, ale alex gorsky is the ceo. i think he'sterrific i want you to hold onto it james, we're going to ride this one out, and i think we're going to do well with it let's go to brian in new york. >> caller: booyah, jim. >> this is brian calling from the fishing capital of the world. the only thing i enjoy watching more than your show is your energetic personality that goes with it. >> you're a good man, thank you. >> >> caller: i purchased this stock in september when it went from $3 to $12 in one day. since that time it has been a rol

jim: meaning besides being used to run sewage into the ocean? [laughter] jim: many greater things. in fact, early on it was the best fishing out of santa monica bay, which is ironic when you think about what they were doing to the ocean at that time. the reason it was duclaired that is because people had not been fishing this particular part of the bay until they were able to on top of the pier. and what they were pulling out the time, among the fish at the time, were these very large giant black seabass. which while protected species, a a slow grower, but they were pulling out in the 20 century, these six-foot-long black seabass. 800 pounds. lived to be 80 years old. as i mentioned they're protected fish today. in 2005, they caught a juvenile off the end of the pier. so it's about three feet tall. in 2005 -- that was pretty young and had a lot of growth to it. it is legendary fish. so fishing is very important part to the existing pier. the community has been most dedicated. they're here 24 hours a day. and very happy that we still have this pier. of course, it's been used as an a

hey, jim >> morgan, thank you so much this is a special interview. that's one of the reasons i have to come at it. we have emma walmsley. she's re-inventing them in a way that's so exciting first, you have thoughts, big picture. what does glaxo mean >> thank you very much for having me. delighted to be here today we have been working hard in the last 18 months since i laid out my priorities to make sure we're improving operating performance of the company and also reshaping aggressively our portfolio so we can improve shareholder returns for the long term >> you guys are doing a joint venture with pfizer that i think will produce a company that may be the number one consumer products company explain to people, you're one and two in so many categories, people will want this stock. >> we're absolutely delighted about the joint venture with pfizer, not only because of tremendous shareholder value creation it brings by creating a world leader in consumer health care drugs, position of 7% market share and otc, and major synergies and prospects for an oper

rainey, welcome back to "mad money. >> hey, jim. it's great to be back on the show >> all right, john look, you guys put up some pretty good numbers, but i know the stock lagged some people thought the guidance was a little light compared to else they were looking for can you tell us what goes into your forward guidance and what else you can say, that maybe this thing isslowing down as a company? >> sure. well, first, jim, we were really pleased with the quarter, and it capped off what was a great 2018 we had 26% eps growth, and we had a record for the number of net new customers that came to our platform in the quarter at 13.8 million really pleased there and we affirmed the guidance that we gave for four-year 2019 that we just provided back in october. but to your point, on the first quarter guidance, there is probably three things that stand out that are impacting us. and in order, ebay is the first. we still have 10% of the volume on our platform, which we as ebay's business. and as ebay has discussed, they're expecting slower g

then fitch, jim. this is a little farther out, but they are warning about taking away aaa credit rating on the u.s. if the shutdown bleeds into march, and this whole thing starts to be more about the debt ceiling than the shutdown itself -- >> well, we know that they feel compelled to be able to do this. we saw that, what, in 2011 it scared a lot of people. i think it is great that fitch is out there saying these things, i think a lot of people want a resolution, but it is just pressuring democrats, republicans to get together. you mentioned earlier constellation, i think this is really interesting, this is a sea change constellation is talking about why and spirits being down single digits, down. you have to start -- and beer depletions the amount of beer being drunk is going to be down. you have to wonder whether the growth rate of beer leveling off and wine and spirits being down, remember, the growth rate of beer that is down, not the actual use of beer, is it pot, is it cannabis what the people l

jim: it all depends. as cost goes up, if you look at the average consumer, the monthly payment they are paying segment by segment has not gone up very much. five dollars,be six dollars a year. $2000, $3000ing price increasing, it is going to reduce the overall volume of the industry and we are going to have to produce less vehicles and employ less people. david: how do you see the u.s. consumer right now? the economy is doing well, employment is in good shape. there was a lot of uncertainty about trade or the government shutdown. are you seeing it in the control room? jim: not yet. what drives our business is consumer confidence in the industry. interest rates are still at historically low levels. we will see an uptick maybe one or two times this year. that will have a moderate impact, but it is consumer confidence. the more disruption consumers see, the less willing they are to take on debt risk. -- -- what is the biggest biggest risk in 2019? jim: the overall consumer. david: thanks so much to jim lentz

pulitzer prize winning columnist jim stewart. why he says trump's unusual leadership style is not working in the white house stock ss aloesre selling off a bit with the dow down almost 200. ♪ baby, i'm sorry, not sorry >> good morning and welcome tock to "squawk on the street." i'm sara eisen here with david faber live as always at post nine at the new york stock exchange carl is out today. let's take a look at the markets. half hour into trading, the rally pauses after five straight up days. the dow is down 147 points s&p 500 down about half a percent. same thing with the nasdaq definitely more of a defensive tone to today's rallies, but keep in mind we're coming off of a 10% sort of pop from the lows. all sectors are lower. our road map for the hour starts with general motors raising its guidance this morning. after 2018 earnings exceed expectations, an interview with ceo mary barra in just a moment. >> a nice bounce in stocks over the week, lower across the board in the first hour of trading. >> and government shutdown, day

let me go back to jimmy in washington jim you said in a previous comment that. it was the u.s. would pursue its own interest and it's the american allies that who were aligned with american interests but as i mentioned at the end of the first part of the program the energy policy there's beginning to be a big divergence and if the europeans don't fall in line they're going to be punished ok when you look at the sanction warnings about buying a rainy and energy a lot of they were a lot of countries that got dispensations but not really the europeans i mean donald trump because i'm for the complete break up of nato and a new security architecture for europe i think it's a way overdue but you know donald trump with this rhetoric coming from his secretary of state well that's hastening it just bringing it closer to fruition which i'm actually quite happy about go ahead jim. well let me let me throw a little curveball here peter is that the suggestion has been made that donald trump is really playing four dimensional chess here and by putting all these these neo cons in his administ

alex >> caller: hey, jim. big boo-yah from super atlanta, georgia. >> good luck there how can i help >> caller: i want to see what the take is on square. sq we have major downgrade from raymond james today. >> wasn't that brutal? holy cow made me think, all right down seven you know, its a $28 billion company. i actually like it i like paypal more you know what? jack dorsey is doing a great thing with both twitter and square so jack, because i know you watch, or at least your dad does, and your ma, happy birthday you'll do one block when you come on twitter. the next block is going to be square and then we had it all right. when you have low expectations and don't have a huge blowup, then you have tinder for a fire. i think we could have a decent week call me the apple polisher on "mad money" tonight, is there buy or more pain ahead i'll give you my take. plus, nvidia, if it's an earnings report is any indication, they can turn on a dime for the tech stocks are there names worth owning go off the charts to see

sorry about that, jim. i think jim just got angry at me. just heard that. sorry, jim. now what they did, they went to jim's ranch and that cost him a lot of money. maybe he won't stand up after all. but it's a very sad situation. the last two years, the cameras on jim's ranch have captured roughly 1,000 pictures of major drug packers, they call them. for years, these criminals have damaged jim's property, injured his livestock and started dozens of fires which jim estimates cost more than $2 million in 2017 alone. last june, border patrol agent was checking sensors on the clintons' and chiltons' ranch when he was shot multiple times by these sinister drug traffickers. multiple times. they don't even think about it. by the way, it's not like oh, gee, i committed a terrible -- they don't even think about it. they don't even think. they wake up the next morning, they couldn't care less. as jim said, every time i leave the ranch, my wife doesn't know whether i'll ever return. i would like to ask jim to come up and say a few words. jim, please come up. thank you. >> mr. pre

. >> clerk: we'll have jim patrick, followed by roland lebrun, and then bob finebaum. >> i'm jim patrick, patrick and company in san francisco. we talk about mitigating factors. may i suggest a mitigating factor, ka-ching, ka-ching, ka ching, how are we going to pay for this. i see we developed the first phase one with the federal government making loans. we're going to pay them with tax dollars. now we have another opportunity to rethink the way we did project a, if you will, which is the transit center. clearly, what we did ended up being delivered to us with some problems. we've articulated those clearly. what can we do to prevent those in the future. now, we have another project about to be approved. i suggest we get a public-private partnership and pay for this improvements with the revenues that will be generated. let the private contractor, whoever that might be, let him get the revenue, let him build it, and forget this buy american. i like buy american, but it's very expensive. forget a lot of these joint labor agreements. another thing, why should we buy into that? we've paid t

can we go to amy in nevada amy. >> caller: hi, jim how are you? thank you for taking my call today. >> you're welcome. >> caller: i appreciate your advice i need your help >> what do you need? >> caller: i'm calling today i have shares in both microsoft and apple. and with everything going on today, i'm thinking maybe i should switch everything to microsoft. i want your advice on this please >> look, first of all, my travel trust owns both microsoft and apple. i think they can co-exist. second, sacha nadella is doing a wonderful job at microsoft third, apple is so low, it's so low, and i know it can probably go like 15 points lower maybe, but i got to tell you, i think it shows tremendous panache in the stock today that it bounced. i expect more downgrades, but it's cheap and you're getting the service revenue stream for nothing. >> all right, 2018 was so horrific, it put some stocks at pretty tempting levels if you own for the long view, want to buy these for the long term, you could get some pretty neat opportunities tonight on "mad money," i'm

jim, we are going to miss you. my career here in san francisco and in small business advocacy starved at the chambers of commerce years ago. you were there and you have been a role model to me since i first met you. the city loses one of the most clear thinking and levelheaded legislative experts that we have here and we will miss you as we face a challenge after challenge as we always do, and you have been a tremendous asset in a tremendous role model for me. thank you very much. >> commissioner riley? >> jim, we will miss you. we are going to miss you. [laughter] >> i don't know what to say. it's been a pleasure working with you, and you certainly have been an asset, and you've helped us a lot to make some difficult decisions, so thanks. >> i want to say thank you as well. same, i started as a scrappy representative trying to advocate for our sidelined corner stores in san francisco. and you really help tone a tone a lots of thoughts and teamed up with some legislation and some ideas that really, although we didn

in new jersey. >> caller: hey, jim. boo-yah. what do you think about energy transfer, and do you think the yield is sustainable in the long run? >> this one is too hard for me i don't like the balance sheet i'm not going to recommend the stock. nor am i going to recommend the group because it's too darn hard my oil stock of choice is b.p. that's a better deal let's go to kyle in pennsylvania kyle >> caller: mr. cramer, i wanted to let you know this is a cool moment for me. i'm an avid follower >> thank you >> caller: i know you spoke about spotify over the summer and how you're a fan of their a.i. i couldn't agree more. i love their product i love being able to listen to your show commercial free. completely reshaped how i approach my day. >> i like that so the answer is the stock is down very big i'm unabashed. i think this is a long term situation and i say bye. now i need to go to gray in california gray >> caller: jim i have been watching your show religiously. >> thank you >> caller: because of it, you have made me a lot of

ria. >> caller: hey, jim. hoorah >> hooya. >> caller: i'm a first caller with disabilities, thank you for taking my call >> my pleasure thank you for coming on the show. >> caller: thank you so much i wanted to hear your thoughts on tilray. >> okay. tilray, i don't like the actual ownership structure. here's the truth about tilray. it doesn't have the capital, the canopy let's go to jerry in utah. jerry. >> caller: hey, big eagle booya to you >> go birds. >> caller: jim, what do you think of me buying some shares of southwest air stock >> if you take a longer term view, i'm going to say, yes. short-term, we know the last couple months, not that good and oil went down but if oil stabilizes, better numbers, kelly's going to deliver and that's my stance we're not done we're just getting started go to anthony in ohio. >> caller: booya, jim. under armour five year strategic review conference, the stock sell below $19 hold, sell, or buy more. >> that was a bummer i expected more, but i'm going to stick with it i bel

go ahead jim. well i would agree with everything you said except for the very last part of the advantage of one country i don't think it's to the advantage of the i if it's at all ok the present us i don't i agree cletus the perception that it would be to their advantage go ahead good point going to challenge him that's right the worst of the quest for global domination and that's what really amounts to. this will ended war peter this is this is something that is extremely dangerous a one part of mr pompei oestrus speech really struck me when he talked about sovereignty for ourselves and for our friend france but that means i guess we have the unilateral right to say what other countries sovereignty should be a bridge not because they violated any internationally agreed upon or binding rule but because we say so towards we we have a situation where we're not only one of the players on the international stage we also get to be the referee of the umpire and if need be the executioner and this cannot

jim? jim: i think what we have seen is with the tightening in the u.s. financial conditions, the widening in corporate spread, that will eventually follow through to hurt u.s. growth. in the fed mandates, it vocus is on full employment and labor markets, as well as stable inflation. inflation conditions have not pointed to much upside inflation. the market is tight, but the fed does not want to be to tighten fall behind on inflation, but it has seen headline below expectations and core has not punched above 2%, so they don't have as much wiggle room, whereas on the growth side, they are keen to ease financial situations, so i think it is temporary, but it is also important to think about not have necessarily tight and strong fed hikes have been recently. that is what the market is obsessed about, but where does the fed on hold? i think that is what investors will start thinking about as again to 2019. maybe the fed is actually easy? and maybe the fed is easy because it goes sideways,

jim: make actual handmade mock-ups. lemonis: jim, thank you. jim: thank you. ♪ lemonis: hey, erica, can you give me an update on the financials? it's time to tally up all of the money that erica has generated in the past few months. but more importantly, determine if we're gonna be able to be partners. how much inventory is left? erica: maybe a couple hundred dollars worth? lemonis: most of it sold? erica: most of it sold. i didn't realize, like, man, how could i not know that this much inventory was sitting in the warehouse, and we had this much money just sitting here? we're able to pay the shop if i loan that balance. lemonis: everything that i asked erica to do along the way, while it was challenging, she did it. get rid of some of the debt, negotiate with some of the creditors, sell off the inventory, get rid of some of the assets. every step along the way, she did exactly what i asked her to. i do want you to celebrate the fact that you went from $500,000 to $200,000. erica: thank you. lemonis: but how do we guarantee that it doesn't ha

let me go back to jimmy in washington jim you said in a previous comment that that it was the u.s. would pursue its own interest and its the american allies that were aligned with american interests but as i mentioned at the end of the first part of the program the energy policy there's beginning to be a big divergence and if the europeans don't fall in line they're going to be punished ok when you look at the sanction. warnings about buying and rainy and energy a lot of they were a lot of countries that got dispensations but not really the europeans i mean donald trump because i'm for the complete break up of nato and a new security architecture for europe i think it's way overdue but you know donald trump with this rhetoric coming from his secretary of state well that's hastening it just bringing it closer to fruition which i'm actually quite happy about go ahead jim. well let me let me throw a little curveball here peter is that the suggestion has been made that donald trump is really playing four dimensional chess here by putting all these these neo cons in his administration h

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange. stocks trying to end the week on an upnote, but it is going to be close, we're watching intel, starbucks, western digital, dr horton and shutdown negotiations and roger stone's arrest and indictment we will not get durables or new home sales today due to the shutdown we begin with the shutdown rally, growing optimism about a possible end to the d.c. impasse, helping boost stocks. futures point to a higher open, but an onslaught of earnings still on deck. >> speaking of earnings, intel plunging, starbucks jumping. predicting slower growth in china demand both ceos join us this morning. >> the banks on notice ceos from some of the biggest u.s. banks expected to testify before the house financial services committee in march. their first such appearance since the crisis first up, we begin with two big earnings stories, intel down, the dow component issuing weaker than expected guidance for the current quarter and posting a revenue miss for q4 saying a slowdown in china resulted in sluggis

he said, "jim has died." >> jim died at the age of 57, and i think he honestly was a very good man with a very good heart who did some bad things. i view it as a terrible tragedy, because he had a premonition that if he went to prison, he would die in prison. >> i felt sick, and, of course, i befriended him. >> he made this deal to save his life, and it killed him. it killed him. they had him locked up and didn't give him his medicine, and he died. >> he died just several months before he probably would have been released. >> and all the promises that the independent counsel made him were lies, every one of them after he'd sold his soul to them. >> hickman ewing, one of the prosecutors who sent jim to prison, asked to speak at the funeral in arkadelphia, arkansas. >> at the funeral, i said, "he made a lot of mistakes, but i think jim was right with god." >> about an hour north of arkadelphia, where jim was laid to rest, was the federal courthouse in little rock. it was there that judge susan webber wright poured over legal briefs in the paula jones lawsuit. shortly after the monica lewi

let me go back to jimmy in washington jim you said in a previous comment that that it was the u.s. would pursue its own interest and its the american allies that were aligned with american interests but as i mentioned at the end of the first part of the program the energy policy there's beginning to be a big divergence and if the europeans don't fall in line they're going to be punished ok when you look at the sanction warnings about buying a rainy in energy a lot of they were a lot of countries they got dispensations but not really the europeans i mean donald trump because i'm for the complete break up of nato and a new security architecture for europe i think in some way overdue but you know donald trump with this rhetoric coming from his secretary of state well that's his hastening it just bringing it closer to her wish in which i'm actually quite happy about go ahead jim. well let me let me throw a little curveball here peter is that the suggestion has been made that donald trump is really playing four dimensional chess here and by putting all these these neo cons in his admini