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CNBC’s Jim Cramer Predicted Trump’s Tariffs Would Cause ‘Black Monday’ Market Crash. It Didn’t Happen.

by Jason Cohen, Daily Caller News Foundation
April 7, 2025
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DCNF(DCNF)—CNBC host Jim Cramer predicted a market collapse reminiscent of “Black Monday” in 1987 on Friday, but it did not materialize.

Cramer warned viewers on “Mad Money” that a crash like “Black Monday,” where the Dow Jones Industrial Average plunged roughly 22% in a single day, could be on the horizon. However, the Dow Jones Industrial Average fell just .91% on Monday, while the S&P 500 dipped .23% and the Nasdaq Composite actually rose by approximately .10%.

“We’re in one of three modalities, okay? We could be in for the grips of a quick bear market à la the COVID 2020 model. We could be in for a 2000-style bear market, where tech was laid to waste for a very long time,” Cramer said. “Or it might be the big kahuna. That’s the one of October of 1987, where the market went down hard for three days — Wednesday, Thursday, Friday — and then it went even harder on a day we call ‘Black Monday,’ where the market fell 22%.”

“If the president doesn’t try to reach out and reward these countries and companies that play by the rules, then the 1987 scenario, the one where we went down three days and then down 22% on Monday has the most cogency,” he continued. “We will not have to wait out too long, will we? We’ll know by Monday.”

The stock market temporarily lurched 8%  upwards in a matter of minutes on Monday after CNBC ran several chyrons inaccurately stating that Trump was contemplating a 90-day pause on the tariffs. However, White House press secretary Karoline Leavitt told the outlet that it was “fake news.”

The market subsequently dropped 3.5% in a matter of seconds after Leavitt debunked the claim, according to Bloomberg podcaster Joe Weisenthal.

U.S. stocks nosedived for a second consecutive day on Friday after President Donald Trump announced sweeping tariffs on Wednesday. The Dow Jones Industrial Average and the S&P 100 each experienced their steepest declines since June 2020, 5.5% and 5.8%, respectively.

The Nasdaq Composite also fell 5.6% on Friday.

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How to Prepare for Food Emergencies if You Don’t Have a Homestead or Bunker

In an unpredictable world, where supply chain disruptions, natural disasters, or economic instability can strike without warning, having a reliable food supply is more than just smart—it’s essential for survival. Whether you’re a “prepper” or not, we all know the golden rule: self-sufficiency is key. But what if you’re living in an apartment, working long hours, or simply don’t have the land to turn into a thriving homestead? Don’t worry; there’s a practical, effective way to build your food security without needing acres of soil or a fortified bunker.

The Ideal Prep: Building Your Own Food Empire

The ultimate dream for any serious prepper is controlling your own food production. Imagine waking up to a sprawling garden bursting with fresh vegetables, fruits, and herbs—tomatoes ripening on the vine, potatoes ready to harvest, and greens that provide nutrition year-round. Add in livestock like chickens for eggs and meat, and you’ve got a self-sustaining system that keeps your family fed no matter what chaos unfolds outside.

This approach isn’t just about calories; it’s about resilience. A well-maintained garden can yield hundreds of pounds of produce annually, while a small flock of chickens might produce dozens of eggs weekly. It’s empowering, cost-effective in the long run, and teaches invaluable skills like crop rotation, animal husbandry, and preservation techniques. If you have the space, time, and resources, starting small and scaling up is the best path to true independence.

The Reality Check: Not Everyone Can Homestead

But let’s face it—not all of us are in a position to go full homesteader. Urban dwellers might be limited to a balcony or community plot that’s far from sufficient for long-term needs. Busy professionals juggling jobs, families, and daily life often lack the hours required for daily tending. And for those in apartments, condos, or regions with harsh climates, raising livestock or maintaining a large garden simply isn’t feasible. Factors like zoning laws, soil quality, water access, or even physical limitations can make this ideal out of reach.

That’s where the frustration sets in. You want to be prepared, but without a homestead or bunker, how do you ensure your pantry doesn’t run dry during a prolonged crisis? The good news is, you don’t have to sacrifice your preparedness goals. There’s a smart, accessible alternative that bridges the gap: investing in high-quality, long-term storage food.

The Smart Alternative: Long-Term Storage Food from Heaven’s Harvest

Long-term storage food is designed for exactly these scenarios—providing nutrient-dense, shelf-stable meals that last for decades without refrigeration or special conditions. It’s the perfect solution for preppers who can’t rely on fresh production but still demand reliability and variety in their emergency stockpile.

At Heaven’s Harvest, they specialize in premium survival food kits that make preparedness effortless. Their products are crafted with the prepper mindset in mind: non-GMO, made in the USA, and packed with real ingredients that taste like home-cooked meals, not bland rations. Whether you’re stocking up for a short-term blackout or a long-haul SHTF event, our kits offer:

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Preparing for food emergencies doesn’t require a homestead or bunker—it requires action. By choosing long-term storage food from Heaven’s Harvest, you’re taking control in a way that fits your lifestyle. Start small with a 72-hour kit to test the waters, or go all-in with a year’s supply for ultimate security.

Visit Heaven’s Harvest today and use code “PATRIOT” for an exclusive discount on your order. Don’t let limitations hold you back; build your resilient future, one meal at a time. Your family will thank you when it matters most.

Comments 11

  1. George says:
    11 months ago

    Crazy Cramer knows nothing

    Reply
  2. Phenry says:
    11 months ago

    Jim Cramer is the most ignorant stock trader/economist in the world today.

    How he has that job nobody knows.

    Reply
  3. Geo says:
    11 months ago

    This clown is wrong more often than a weatherman.

    Reply
  4. LSI says:
    11 months ago

    When Cramer tells you to do something, do the opposite!

    Reply
  5. Roy Dale Davis says:
    11 months ago

    It DID come to be….. In china!!

    Reply
  6. Mark says:
    11 months ago

    Never listen to Anti-American Cramer!

    Reply
  7. The Prisoner says:
    11 months ago

    Cramer’s purpose is to deceive. He reads his establishment script. But, he is no expert any thing.

    He’s mentally ill, clearly takes psychiatric drugs.

    Reply
  8. The Stranger... says:
    11 months ago

    The first time I saw Cramer, I thought he acted like a circus monkey…
    But today, I realize he has a lying spirit in him, just like alot of Democrats I see…

    Reply
  9. Joe Smith says:
    11 months ago

    Take whatever Cramer says and do the exact opposite unless you want to lose everything you have!

    Reply
  10. Gill Bates says:
    11 months ago

    Trump doesn’t have to do anything. The high tariff countries are far more dependent on US than we are on them.

    Reply
  11. Daniel says:
    11 months ago

    Does anyone even listen to that guy anymore? I NEVER did. Dr. Oz is another one.

    Reply

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