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Transcripts For CNBC Mad Money 20170809

Turmoil in this market all the big moves i see, both up and down, including today. The dow dipping 37 points, s p declining, the nasdaq lost 0. 28 . Underneath, though, theres a lot of rumblings i blame the millennials. Theyre impossible to getaway from and i have to tell you if it werent for the fact that i have two millennial daughters, i would hate this generation the generation that demands to be catered to or they cut you off at the knees or at the cord if youre a cable operator Everyone Wants millennials as customers because theyre old enough to have disposable income but young enough to be persuadable. That means you need to advertise on the internet, because thats where this generation resides. Thats why 45 of cloroxs add go to facebook and google. Clorox is at 45. Second, perhaps because of low wages and student loans, they pay out for very little. Weve identified over and over, millennials will pay premium for uber, for air b b and the iphone and theyll pay up it for makeup t

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