Mad Money w/ Jim Cramer cover image

Mad Money w/ Jim Cramer

Mad Money w/ Jim Cramer 12/12/24

Dec 13, 2024
Marvin Ellison, Chairman and CEO of Lowe's, discusses the company's innovative strategies for navigating the retail landscape, emphasizing advancements in technology and customer loyalty. Kevin Plank, Founder and CEO of Under Armour, shares insights into the brand's revival efforts, focusing on simplicity and engaging younger audiences. Together, they explore the impacts of political shifts on consumer sentiment, and how enhancing product offerings can drive growth in challenging economic climates.
44:24

Podcast summary created with Snipd AI

Quick takeaways

  • Trump's pro-business stance is believed to boost investor confidence, creating a more favorable environment for stock retention during market fluctuations.
  • Reducing regulatory burdens and corporate tax rates under Trump is seen as a potential catalyst for domestic business growth and job creation.

Deep dives

The Impact of Trump on Business Sentiment

The episode highlights President-elect Donald Trump's enthusiastic view of business, suggesting that his administration may create a more favorable environment for investors. Despite market fluctuations, his pro-business stance could enhance investor confidence, making it easier for them to hold onto stocks during downturns. The speaker notes that having a president who openly supports business can influence public sentiment positively, which may lead to a more vibrant stock market. While acknowledging that presidential support cannot change the fundamentals of individual companies, optimism toward business is seen as beneficial.

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