Mad Money w/ Jim Cramer Mad Money w/ Jim Cramer 4/4/25
19 snips
Apr 4, 2025 Gary Friedman, Chairman and CEO of RH, shares insights on the luxury home goods market. He discusses the significant impacts of new tariffs on production and stock performance, outlining strategies like shifting manufacturing to Vietnam and North Carolina. Despite challenges, Friedman expresses confidence in the company's resilience and the importance of transparent communication. The conversation also touches on broader economic dynamics affecting various industries, emphasizing a disciplined investment approach as the market navigates instability.
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Chapters
Transcript
Market Downturn
- Jim Cramer believes the market downturn is man-made and potentially similar to the 1987 crash.
- He suggests the president's actions and European tech tariffs could worsen the situation.
Handling Market Volatility
- If the president doesn't act and Europe targets tech companies, Cramer advises methodical action, not emotional reactions.
- He suggests waiting for Levi Strauss's report to understand how CEOs handle tariffs.
Company Insights
- Cramer highlights Cal-Maine Foods' importance due to eggs driving inflation.
- He discusses Delta's expected poor performance and Constellation Brands' challenges with tariffs, anti-craving drugs, and immigration crackdowns.