All three major averages fell to close out the month, and Jim Cramer is guiding you through today's downturn with a focus on inflation. First, Constellation Brands CEO Bill Newlands joins Cramer to discuss the company’s quarter, including its lowered guidance, and how their pricing power is being impacted by inflation. Then, Cramer is taking a look a the packaged food stocks and examining how inflation and rate hikes have taken a bite of their earnings. Plus, Cramer’s going one-on-one with Former National Economic Council Director Gary Cohn to talk more about the CHIPS Act and domestic semiconductor manufacturing.
