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Jim Cramer: July 13th will be the market bottom - YouTube
Channel: CNBC Television
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yeah yes the chance um listen to the
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financing markets right now for a new go
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private are difficulty markets which we
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never talk about you know we don't talk
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about the Emerging Markets hardly ever
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you're right I don't know
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I used to focus a lot more on them I
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once had a ran a newsletter on Emerging
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Markets but I did in the in 92. you were
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so interesting then yes I traveled
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around the world before I came to CMC
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but um the institutional investment but
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yes but I uh
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wait can you stop let's get back to what
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we were talking about the financing
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markets are difficult right now in terms
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of you're not going to get anything done
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in high yield that isn't already being
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marketed well what does that say is that
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same word Citrix is done technical is
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going to get done uh there's a couple of
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others but new stuff right now pause and
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how much of that is what I'm hearing it
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and uh any Trust no no no this is about
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this is about secondary prices for high
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yield and things of that nature because
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this is not you're talking now broadly
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speaking about uh M A and whether
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there's a headwind from regulatory
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concern of course
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you know he's brought case after case
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after case no one's paying any attention
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particularly the people involved with um
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with Goldman Sachs and JetBlue we could
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end with Twitter which is about some
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cheap shots
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Goldman hired a new guy they do they
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keep putting off a vote there spirit and
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Frontier as they keep trying
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from Google
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who yeah they talked about it a lot this
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morning on squawk I think it's gonna be
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amazing you do developing a whole new
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business line yep it called
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what are they doing
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making money
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all right so we're not going to explain
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this because I I'm I don't know because
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it was like talking about like a trend
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guy yep
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Innovation yeah being an innovation unit
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even as they're starting to talk more
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about dividing up units into maybe sub
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units to work with Regulators David has
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to come on here and kind of explain the
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strategy which is a little mystifying to
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those of us who who not me
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um
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they could do everything in the
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metaverse
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do you know that that did you know that
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Mark Zuckerberg doesn't want you to use
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an actual Avatar that looks just like
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you because I volunteered that I could
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get Jensen why why would you when you
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can look better than what you look like
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in real life that's the whole point of
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the metaverse well you're saying it
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shouldn't be hyper realistic is what is
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Mark's saying yeah he does one hyper
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Reality by the way I'm telling you we
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all know where this is gone
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you don't have to be yourself you can
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look better oh I always pick the name
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Beethoven still not getting it why
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should I put name Jimmy but Beethoven
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not even listen but I'm going to Wendy's
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I use the name Beethoven okay uh Twitter
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guys two and a half percent gain this
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morning uh as I said earlier there's
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money going we are waiting for the
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complaint from Twitter it'll be great
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reading it should be let's hope uh you
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know they did a good job at waktel in
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terms of writing this thing up okay
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um they added Wachtel recently there was
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no you know it's funny Tiffany lvmh yeah
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had no financing out uh this deal does
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meaning if financing goes away deal goes
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away which is why you had that letter
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from Twitter that we uh were quoting
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this morning
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saying hey this Deal's not terminated
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and don't you ever think about pulling
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the financing but again we'll see I I
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Jim you did reference around the closing
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bell because of yesterday's conversation
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and all of the attention it got when I
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said if if if if maybe
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about Musk if he loses in court if they
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get specific performance if the judge if
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he says I won't do it what would happen
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um there is a case from 2012.
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said hey you're in contempt and you're
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going to jail people took a break from
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trashing me and said listen while we're
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trashing you I want to talk about how
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bad David Faber is you know I'm sorry
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hey by the way American Express is
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barely down by the way context is
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everything and unfortunately there was
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no context of the conversation that we
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have here I just think that David is far
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more aware than perhaps musk about what
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could face it here's another one what
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here's another one on Twitter you have
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no idea I mean people don't listen they
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don't understand they have no idea you
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were attacked it must be so frustrating
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what to be me yeah because I got it for
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one day I kind of ignored it but I I
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took pictures of zucchinis and
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immediately I got but what I would say
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is scatological use of the zucchini from
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my viewers
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no no this is not right but I guess can
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I go back to the market for a second oh
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my God would you please I am telling you
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that the notes today you mentioned the
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Apple in reference Bank of America note
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on heart one on Returns versus the 30
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000 negative Fusion for that Apple
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Market wants to go higher and Apple's an
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example JP Morgan goes higher on an
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upgrade the oils are all for sale
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yes you got accrued below 100 uh and the
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airlines by the way three airline four
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airlines are leading the s p and Boeing
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is leading the Dow as American had their
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pre-announcements you know I just think
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that the market is I said to David that
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July 13th would be the bottom I said
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that in February
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is that today or tomorrow tomorrow
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