CNBC host Jim Cramer warns of ‘Black Monday’ market crash over Trump tariffs rivaling record 1987 collapse
- Indian benchmark indices fell over 5 percent as global markets reacted negatively to US President Donald Trump's tariffs, resulting in a loss of over Rs 19 lakh crore for investors.
- Jim Cramer warned of a possible 'Black Monday' market crash reminiscent of 1987 if Trump does not change his tariff strategy.
- The US Dow Jones Industrial Average dropped 22.6 percent in a single day, reflecting significant market turmoil linked to Trump's tariff announcement.
- Experts expressed fears that ongoing sell-offs could lead to a global recession, with significant market losses totaling $6.6 trillion.
96 Articles
96 Articles
What is ‘Black Monday,’ and why do Wall Street experts fear another?
(NewsNation) — President Donald Trump’s so-called “Liberation Day” tariffs have not been favorable to the stock market. The major market indices — the Dow, Nasdaq and S&P 500 — have plunged, and fears of a recession are rising. Following Trump’s announcement of tariffs on nearly 90 countries, a two-day sell-off ensued, and the Dow saw […] The post What is ‘Black Monday,’ and why do Wall Street experts fear another? appeared first on WNYmedia Net…
Another Jim Cramer Prediction on "Black Monday" Style Wall Street Crash Over Trump's Tariffs Goes Up in Smoke
Jim Cramer Another prediction made by CNBC’s Jim Cramer on Trump’s tariffs has gone up in smoke. Over the weekend Jim Cramer, who is virtually wrong about everything, predicted a “Black Monday” style crash on Wall Street – much like the Wall Street crash of 1987 dubbed “Black Monday.” “If the president doesn’t try to reach out and reward these countries and companies that play by the rules, then the 1987 scenario — the one where we went down thr…
ThePatriotLight - US stock futures slump 5%, Wall St fears another ’Black Monday’ on Trump tariffs By Investing.com
ThePatriotLight - US stock futures slump 5%, Wall St fears another ’Black Monday’ on Trump tariffsUS stock futures slump 5%, Wall St fears another ’Black Monday’ on Trump tariffs By Investing.com
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