Jim Cramer Warns of ‘Black Monday’ Market Crash Over Trump Tariffs
CNBC host Jim Cramer has issued a stark warning about a potential 'Black Monday' market crash, attributing the looming threat to President Trump's tariff policies. In a series of statements over the weekend, Cramer expressed his concerns following a significant sell-off in stock futures, which he described as a reaction to the uncertainty surrounding the tariffs.
Cramer's comments come in the wake of President Trump referring to the anticipated market downturn as 'necessary medicine,' a term that has sparked debate and concern among investors and financial analysts. The term 'Black Monday' historically refers to a catastrophic stock market crash, and its mention has heightened fears of a similar event triggered by the current economic policies.
The financial community is now closely watching the market's response to these developments. Cramer, known for his candid market analyses, urged investors not to panic but to remain vigilant as the situation unfolds. His warnings have added to the ongoing discourse about the impact of tariffs on the U.S. economy and global trade relations.
