The Markets' Wild Ride, What to Buy and What to Avoid, and Labor Secretary Walsh on the April Jobs Report and Economy 5/6/22

Carl Quintanilla and Jim Cramer kicked off a busy show with a look at the extension of Thursday's market sell-off, which saw the Dow fall more than 1,000 points and the Nasdaq decline five percent -- wiping out Wednesday's big relief rally. Cramer offered advice on buying opportunities in this market, what to avoid and where inflation and the Fed fit into the picture. The key April jobs report showed non-farm payrolls up a better-than-expected 428,000, while the unemployment rate remained at 3.6%. Labor Secretary Marty Walsh joined the program with White House reaction to the report, as well as his perspective on the economy, inflation and the housing market.