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Snowflake CEO, What's Powering PG&E Higher? & Cadence CEO 5/24/23

Mad Money w/ Jim Cramer

00:00

The Fed's Slamming the Brakes on the Economy

The Federal Reserve spent over a year slamming the brakes on the economy. People are still willing to shell out five Gs for a ticket to Lisbon like to wait for the last flight out of Vichyera, Casablanca. Now they're buying brand spanking new million dollar homes from toll brothers with $85,000 down payments and not even thinking twice about it. You know, there's almost nothing the Fed can do about this.

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