In a striking warning to investors, the commentator of the American market Jim Cramer predicted that the recent pricing measures of President Donald Trump could peak in a market accident recalling the infamous “ “ “ “ “ “ black ” of 1987. Cramer urged the American president to “reach out to the countries which abstained to impose reprisal rates, stressing the need to reward these nations to prevent degeneration from the crisis.
“If the president does not try to reach out and reward these countries and the companies that respect the rules, then the scenario of 1987 … The one where we dropped three days and then down 22% on Monday, has the most power,” said Cramer. The prediction highlights the potential for significant market disorders if current trade tensions are not treated quickly.
The announcement of a tariff of 10% “reference” on global imports has already sent shock waves via American financial markets. The major indices experienced drastic decreases, the S&P 500 in a fall of 6% – its worst performance since the pandemic epidemic in 2020. The Dow Jones underwent a loss of 1,679 points Thursday, followed by a new drop of 2,231 points on Friday, marking a significant two -day slide. This slowdown was not contained in the United States; The markets across Europe and Asia also felt the impact.
Cramer warned that the situation could deteriorate more if it is not discussed, which potentially led to an accident by Monday. He pointed out: “We will not have to wait too long to find out. We will know it on Monday. ” This comment indicates the urgency of diplomatic commitment to mitigate the benefits of pricing policies.
Despite the disturbing forecasts, Cramer noted that robust American job data could act as a buffer against a full -fledged recession. He said: “This makes it less likely that an accident will necessarily lead to a recession”, suggesting that the strong labor market could provide some resilience in the midst of financial upheavals.
Cramer, known for his daring predictions, has experienced mixed history. His previous forecasts during critical economic periods, such as the 2007-2008 financial crisis, met skepticism due to inaccuracies. This story adds a warning to its current warning, observers taking its predictions with a degree of skepticism.
“I will contain my anger, but only because I lived 1987 and at the end, I went out well. I was in cash for the accident. I know what it does,” said Cramer, based on a personal experience to underline the seriousness of the situation. His comments highlight the potential for significant market movements recalling past financial crises.
Although the immediate future remains uncertain, the implications of prices continue to collapse in the world markets.
