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Transcripts For CNBC Mad Money 20140226

Place we shop at roared higher today. The dow closed up 179 and nasdaq up just. 1 and perfect news for stock market that needed more grounding in brick and mortar reality, and not just the internet 24 7. The market has been living under a cloud since the year began, not cloud computing, which people pay anything for. No, i mean a cloud known as the consumer. We have heard nonstop negatives. Consider the challenging shoppers going into this week. Jobs are hard to come by, payroll numbers in a row hurting Consumer Spending. You dont spend when you are worried about your job or cant find a new one. Feeling heart sick about the consumers ability to spend and 2 3rds is driven by the consumer. Were a nation of shoppers, or at least we thought we were. Second, the federal government failed to extend longterm Unemployment Benefits while at the same time cutting back on food stamps allocations, two of the most important backstops. Thats a National Dream on purchasing power, but not as big as th

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