Monday, Dec. 5, 2022: Cramer says it's time to trim this energy holding

Jim Cramer and Jeff Marks break down a new market report from Morgan Stanley on why it's time to get defensive with your portfolio. Jim shares why he is ready to sell some of his position in one energy holding. Jim also lists some companies he believes are ready to perform well in current market conditions, and what China's economic reopening strategy means for some names in the Charitable Trust.