Jim Craermer predicted 1987 ‘Black Mande’ style stock market crash due to trump tariff in viral video

admin4 weeks ago

0 5 3 minutes read

Jim Kramer’s ‘Black Mande’ on live television went viral.

CNBC host Jim Cramer predicted like 1987 ‘Black Monday‘Donald Trump imposed the countries due to the coming week. “If the President does not try to reach and reward these countries and companies playing with rules, then the 1987 scenario … where we went down three days and then 22% below Monday, the most is the most combatable. We will not have to wait very long to know this. We will know it till Monday.”
“It is a new, weak, difficult to create a world system on the fly. It is trying to do it, but has not yet seen anything that takes away the 87 October landscape away from the table. Those who are catching down and down fish are sleeping with fish … So far, has been posted on X.
The market blood bath continued for two consecutive days on Thursday and Friday after Trump’s tariff announcement on Wednesday. Dow Jones Industrial Average increased more than 2,200 points, as China unveiled rigorous vertical taxes for President Trump’s tariff. Dow, a day after Dow, a day after the 2,231 points-1,679-point drop is suffering, its previous worst session since the introduction of the Kovid-19 epidemic in 2020.
On Friday, the technology-thunder Nasdaq fell to 962.82 points or 5.8%, while the broad-based S&P 500 was 322.44 points or 5.97%.
China’s Foreign Ministry slammed the United States to use tariffs as a weapon for “extreme pressure and selfishness”, saying that “the economic bullying would eventually be a backfire.” The Ministry of External Affairs said in a long statement today, “We do not seek conflict, nor are we afraid of it. Pressure and danger are not the right ways to join China.”
Trump maintained his stand on the tariff and urged Americans to “hanging” as the tariffs are not going to be easy. Trump said that China and many other countries have treated us badly, “Trump said, using the United States as a” whipping post “, reiterating his argument for tariffs, as he has accused the United States of” taking advantage “of the United States.