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The U.S. may be on the brink of a devastating market crash similar to the infamous 1987 collapse, CNBC’s Jim Cramer has warned. According to the financial expert, unless President Donald Trump reconsiders his aggressive tariff policies, Wall Street could see another “Black Monday.” “The 1987 scenario — where markets fell for three days and […]
CNBC host Jim Cramer has issued a stark warning about a potential market crash reminiscent of 1987’s “Black Monday.” He emphasized the importance of President Donald Trump engaging with countries and companies that follow trade rules to avoid such a scenario. The 1987 market crash saw the Dow Jones Industrial Average drop by 22.6 per […]
US President Donald Trump with tariffs chart . Photo : AP Washington: President Donald Trump’s reciprocal tariff move may bring the economic depression times of ‘Black Monday’ in just weeks, said CNBC host Jim Cramer hinting at 1987-like scenario. He said if President Trump does not reward countries, then the “1987 scenario…the one where we […]
CNBC host and market commentator Jim Cramer warned that America is in store for another “Black Monday” market crash similar to the record 1987 collapse if President Trump doesn’t curtail his tariff plan. Cramer — who noted that the 1987 crash saw the Dow Jones Industrial Average fall by 22.6% in a . . .
In a stark warning to investors, American market commentator Jim Cramer has predicted that recent tariff measures by President Donald Trump could culminate in a market crash reminiscent of the infamous 1987 ‘Black Monday’. Cramer urged the US President to ‘reach out’ to countries that have refrained from imposing retaliatory tariffs, emphasising the need to […]
Cramer is also known for making bold market predictions, including fairly accurate forecasts during the dot-com bust and the global recession of 2007. Photo : AP On Saturday, American TV personality and market commentator Jim Cramer warned during CNBC’s Mad Money that the financial markets of the world may suffer its worst single-day crash since […]
After Donald Trump’s trade tariffs rattled nations worldwide this week, American TV personality and market commentator Jim Cramer warned that Monday could witness the worst single-day drop since 1987’s “Black Monday,” when markets worldwide crashed, led by the US Dow Jones Industrial Average, which plunged 22.6 per cent. While hosting his show Mad Money on […]
DES MOINES, Iowa — Former U.S. Rep. Jim Leach, who served 30 years as a politician from eastern Iowa and later headed the National Endowment for the Humanities, died Wednesday. He was 82. Leach, whose death was confirmed by an Iowa City funeral home, represented Iowa as a moderate Republican until 2006, when he . […]
It’s almost at the edge of living memory: U.S. President Lyndon Johnson signing the Civil Rights Act in July 1964, urging Americans to “close the springs of racial poison.” The legislation prohibited discrimination on the basis of race, colour, religion, sex or national origin at places serving the public – such as swimming pools and […]
Sixty years after the unwinding of Jim Crow, a historic US election Reuters Source link