S&P 500 has been gathered in this amount since Jim Kramer announced the Black Monday 2025
Jim Kramer, former hedge fund manager and CNBC’s host Madness of money, It is famous for making bad timing calls for financial markets.
Personality of division and electricity media He made a blatant warning On Saturday, April 5, he expected that the stock market could face a black -like position on Monday 1987 if President Trump remains the session related to the last tariff package.
This was not in any way a marginal prediction, as all signs indicated the beginning of a blatant correction of the stock market.
Since trading does not happen during the weekend, the most appropriate reference point that must be used is the closure of the S&P 500 on Friday 4 April. The measurement index reached 5,073 at the end of last week.
In fact, the S&P 500 opened 2.36 % less, at 4,953, on Monday, April 7. By the end of the trading day, it rose to 5,062 – a number that still represents a 0.21 % decrease from the closure of Friday.
Surprisingly, Cramer’s ability to influence the markets by providing correct predictions also this time. By the time of the press on April 8, the S&P 500 rose to 5,206.
Accordingly, the Benchmark Index is currently 2.63 % since Jim Cramer has released a declining prediction.
Why Jim Kramer may end up right in the long run
Ultimately, like a sense of humor like another example, Jim Kramer is wrong, he is, Madness of money The host can actually end in the long run.
Nowadays, no decisive factors have been diluted that pushed the market correction. President Trump still insists on the age of definitions against most of the world, and although there are reports that many countries are Interested in negotiating dealsThe second largest economy in the world, China, pledge to implement a Revenge 34 % tariffs On all American goods.
Despite the encouragement of “apostasy”, Wall Street analyzes reduced their estimates of the measurement index by 16.4 % on average. Search operations for the term “Black Monday” have risen on the main search engines. While many major American stocks rose on Monday, other stocks were crashed, indicating that the market is still pricing in potential risks and economic doubts, at least outside the technology sector.
Although financial markets may be flexible in the short term, inflationary pressures and economic slowdown in the trade war can be crowned in stagnation, which is expected, expected to collapse in financial markets as well.
Readers must exercise caution and avoid hasty decisions, at least in order to show a clearer image on how to develop the ongoing trade conflict.
Distinctive image via Shutterstock
