Squawk on the Street
Cramer “On Track” at Ford, a Busy Market Week, Disney's Pixar Problem 6/20/23
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Show notes
Carl Quintanilla and Jim Cramer kicked off the show with Jim at Ford Motor, where he took a ride on the company's test track, focused on EVs and interviewed CEO Jim Farley for Tuesday's night's edition of "Mad Money." The anchors discussed the five-week rally and the road ahead for stocks -- as China cuts interest rates again and meets with the U.S., while Fed Chair Jerome Powell prepares for two days of Capitol Hill testimony on the economy beginning Wednesday. Cramer explains why he's concerned about the market in the short term. Also in focus: Disney's Pixar film "Elemental" disappoints in its box office debut, a spark for EV stocks, Alibaba's CEO to step down as part of a shakeup, May housing startssurge to a 13-month high.
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