{"id":57208,"date":"2025-04-06T18:27:48","date_gmt":"2025-04-06T18:27:48","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=57208"},"modified":"2025-04-06T18:27:48","modified_gmt":"2025-04-06T18:27:48","slug":"black-monday-incoming-jim-cramer-says-trump-tariffs-causing-recession","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=57208","title":{"rendered":"Black Monday Incoming: Jim Cramer Says Trump Tariffs Causing Recession"},"content":{"rendered":"

Wall Street\u2019s nerves are raw, and Jim Cramer threw gasoline on the fire. The CNBC host invoked the specter of 1987\u2019s Black Monday, tying the turmoil to Trump\u2019s \u201cLiberation Day\u201d<\/a> tariffs. Cramer warned that the markets might buckle in ways we haven\u2019t seen in decades unless something shifts.<\/p>\n

Say what you will about Cramer\u2019s track record<\/a>, but even a broken clock is right twice a day.<\/p>\n

(Polymarket<\/a>)<\/p>\n

Is There Any Correlation to Black Monday?<\/h2>\n

While Black Monday occurred in the 1980s, experts cite the Smoot-Hawley Act of 1930 as the first historical reference.<\/p>\n

That Black Thursday opened as a gut punch, swith tocks crashing 11% before cratering further in the days ahead. Traders were left picking through the rubble, mourning a market that lost 25% of its value within 48 hours. What followed was the ugliest economic chapter in history, culminating in a global depression.<\/p>\n

The Smoot-Hawley Act of 1930 turned the knife, raising tariffs when nations were already bleeding out.<\/p>\n

(Black Monday<\/a>)<\/p>\n

Black Monday, occurring 50 years after the Depression, has a similar pattern to today.<\/p>\n

The 1987 crash was a gut punch, erasing 22.6% of the Dow daily, the sharpest drop in U.S. history. Trump\u2019s Liberation Day\u2014a blanket 10% import tariff alongside targeted penalties of up to 54% on trading giants like China and India\u2014is already shaking markets. By week\u2019s end, the losses were on stark display:<\/p>\n

The S&P 500 dropped 6%, marking its steepest decline since March 2020.
\nThe Dow tumbled over 5%, reflecting growing investor fears.
\nGlobal markets, from Asia\u2019s Nikkei to Europe\u2019s DAX, experienced significant dips, signaling widespread apprehension.<\/p>\n

Experts like Cramer fear this could be a prelude to a larger market event if corrective measures aren\u2019t taken swiftly.<\/p>\n

We\u2019ve Been in a Recession, The Biden Admin Changed the Definition<\/h2>\n

The point we\u2019re making is that people like Jim Cramer are wrong. We HAD a recession, and we\u2019re heading into one no matter who becomes president. You gotta love the gaslighting.<\/p>\n

Under Biden, GDP dropped two quarters straight in \u201822 which normally is a textbook recession. WH & NBER dodged the labelling though. Oh and also this happened: pic.twitter.com\/Z0SjbrAzbU<\/a><\/p>\n

\u2014 David Nage (@DavidNage) April 4, 2025<\/a><\/p>\n\n

\u00a0<\/p>\n

In 2022, the Biden administration redefined what constitutes a recession. For decades, two straight quarters of shrinking GDP were the gold standard of downturn diagnostics\u2014clean, simple, brutal.<\/p>\n

To avoid the bad publicity, they rewrote the definition to say that GDP alone isn\u2019t enough to call a recession, throwing labor markets, consumer spending, and corporate investment into the mix.<\/p>\n

Okay, Let\u2019s Say a Black Monday Event Happens. What Are We Buying?<\/h2>\n

Canned beans, a gun, and ammunition? All jokes aside, this is a clear bottom opportunity to load up on more Bitcoin and leading L1 alternatives like Sui, Solana, and Polkadot.<\/p>\n

Cramer\u2019s talk of a \u201cBlack Monday 2.0\u201d remains speculative, but the warning lights are there. What should give you pause is the same people who are wrong about everything are the most vocal against tariffs. Moreover, a lot of this is already priced in.<\/p>\n

EXPLORE:\u00a0XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress<\/a><\/strong><\/p>\n

Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n

\n

Key Takeaways<\/h3>\n

Wall Street\u2019s nerves are raw, and Jim Cramer just threw gasoline on the fire calling for Black Monday 2.0. <\/p>\n

Say what you will about Cramer\u2019s track record<\/a>, but even a broken clock is right twice a day. <\/p>\n

Black Monday, occurring 50 years after the depression, has a similar pattern to today. <\/p><\/div>\n

The post Black Monday Incoming: Jim Cramer Says Trump Tariffs Causing Recession<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Wall Street\u2019s nerves are raw, and Jim Cramer threw gasoline on the fire. The CNBC host invoked the specter of 1987\u2019s Black Monday, tying the turmoil to Trump\u2019s \u201cLiberation Day\u201d tariffs. Cramer warned that the markets might buckle in ways we haven\u2019t seen in decades unless something shifts. Say what you will about Cramer\u2019s track […]<\/p>\n","protected":false},"author":0,"featured_media":57209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-57208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57208"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57208"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57208\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/57209"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}