Mad Money w/ Jim Cramer

Salesforce CEO, Applied Materials CEO & New Fortress Energy CEO 5/31/23

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May 31, 2023
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INSIGHT

US Economy's Boom-Bust Paradox

  • The US economy shows a paradox: strong housing and wages but weakness in retail and auto sales.
  • Fed's rate hikes aim to cool down the hot sectors but risk triggering a recession if rushed.
INSIGHT

New Fortress Energy's Rapid Impact

  • New Fortress Energy revolutionizes energy access with rapid natural gas infrastructure build-outs.
  • Their projects enable developing countries to adopt cleaner energy affordably and quickly.
ANECDOTE

Building Fast Rail Legacy

  • New Fortress Energy built a high-speed rail system in Florida inspired by historic projects.
  • CEO Wes Edens calls this a "get rich, slow business" focused on long-term infrastructure success.
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