Jim Cramer has warned of a potential stock market crash reminiscent of the "Black Monday" event of 1987. He suggested that if Trump does not adjust his tariff policies or reach out to countries and companies adhering to trade rules, the markets could face a severe downturn similar to the one on October 19, 1987, when the DJIA dropped 22.6% in a single day. However, he also mentioned that strong U.S. job data might mitigate the risk of a recession, offering a slight buffer against a full crash.
In March 2025, the U.S. economy added 228,000 nonfarm payroll jobs, according to the Bureau of Labor Statistics. This figure exceeded economists expectations, which had forecasted a gain of around 140,000 jobs.
The unemployment rate, remained relatively stable at 4.2% in March, up slightly from 4.1% in February. A
rate below 5% generally means most people who want jobs can find them.
March numbers reflect a robust labor market
before Trump’s reciprocal tariffs. Now there is a new scenario which cannot be minimized with "
trust the plan" type comments because we have to add to the analysis what we know here in the forum, an advantage that financial experts do not have.
● More severe Earth changes are coming.
● TPTB plan to collapse the economy and then rebuild it won't work, it's wishful thinking.
● Between April 3rd and 4th, billionaires lost -$536 billion of net worth. This is $83 billion MORE than March 11th and 12th, 2020. Except Warren and his cash! Someone has to pay.
● Trump doesn't have time, he needs a third term.
●"Trump is easily misled by those of eloquent persuasion" also has blind spots like horses wear.
● Israel could lead US into conflict with Iran. A war between the US and Iran would likely have profound and far-reaching economic effects, both domestically and globally, driven primarily by
disruptions to energy markets,
trade routes, and broader geopolitical instability.
● Trade war. Trade disruptions or retaliatory tariffs from countries like China will start to take their toll. Trump should not minimize China, which has a
millennia-old culture. The devil knows more for being old than for being a devil.
