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Jim Craermer is a financial commentator and host of CNBC show Mad Money. This image is generated from Grocke AI.
Financial commentator and CNBC show Mad Money’s host Jim Kramer is doing business by dropping 4% of the Indian markets after warning. Kreer said two days ago that ‘Black Mande’ like 1987 may come in the US market. Craermer has described the recipes on countries around the world by US President Donald Trump as the reason for this.
Kramer said- If the Trump does not provide relief to the countries that follow the rules, the 1987 landscape- three days fall and then 22% decline on Monday- is the most likely. We will not have to wait long to know this. This will be known by Monday.
Today, the Indian market’s index Sensex is trading at a level of 3000 points (4%) to about 72,300. The Nifty has a decline of 900 points (4.50%). It is trading below 22,000.
CNBC show Mad Money has predicted ‘Black Mande’ like 1987.
3 big prediction of Jim Cramer which proved to be correct …
1. Bullish Call on Nvidia (2023): In 2023, Craermer took a bullish stance on mega-cap companies like Nvidia. The stock was then trading around $ 15. It reached around $ 150 in January 2025. That is, his call proved to be correct.
2. Market Volatibility (2022): In early 2022, Craermer predicted market volatility, which came true. The stock was seen in heavy fluctuations that year. The S&P 500 index dropped about 19%. His warning was useful for investors.
3. Recovery after 2008 (2009): After the 2008 financial crisis, Kramer predicted the market improvement in 2009. He advised investors to find opportunities in shares beaten. That year the S&P 500 index rose by 23.5%.
3 big prediction of Jim Cramer which proved wrong …
1. Hewlett-Pacard (2012): On November 20, 2012, Craermer advised the audience to sell the shares of “Hewlett-Pacard and Best Bye immediately.
However, Hewlett shares rose by 115% in the next six months. At the same time, the shares of Best Bye rose by 124%. That is, his prediction proved wrong.
2. Beer Sterns (2008): During the Mad Money Segment on March 11, 2008, Craermer replied to a viewer’s question about beer sterns, saying, “No, no, no! Beer sterns okay! Do not withdraw your money … It would be stupid.”
Five days later, on 16 March, beer sterns collaps and was sold to JP Morgan Chase at $ 2 per share. At one time its price was $ 133.
3. dot-com bubble (2000): In January 2000, at the peak of the dot-com bubble, Craermer advised to invest in tech stocks and said that the 1999 performance could be repeated.
However, soon after this, the bubbles erupted and there was a drastic decline in stocks such as Ariba and Infospace. Aribe’s stock had come down to $ 2 from $ 168.75 peak to $ 2. At the same time, the stock of Infospace has come down from $ 1,305 to $ 2.67.
Acuracy rate of Jim Cramer is about 47%
His accuracy in the study on Craermer’s predictions has been estimated at around 47%. The CXO Advisory analyzed 62 stocks selected by him during 2005-2012, which found 46.8% success rate.
Dow Jones fell more than 9% in two days after the recipe of reciperook tariff …
- On 4 April, the Dow Jones index fell at 2,231.07 points or 5.50% to close at 38,314. It also fell 3.98% on 3 April.
- On April 4, the S&P 500 index fell 322.44 points or 5.97% to 5,074. It also fell 4.84% on 3 April.
- On April 4, the Nasdaq Composite closed down by 1,050 points or 5.97%. A day earlier on April 3, it closed 5.82%.
Market cap reduced by about 5 trillion dollars in two days
The market cap of S&P 500 index was 45.388 trillion dollars on April 3, which came down to about $ 42.678 trillion on 4 April. On April 2, the market cap was 47.681 trillion dollars. That is, the market cap has decreased by about 5 trillion dollars in two days.
4 reasons for decline in US market
- China also imposed 34% tariff on America: China on Friday announced the imposition of 34% counter -tariff on the US. The new tariff will be applicable from April 10. Two days ago, US President Trump imposed a Tit tariff to the world like worldwide. It was imposed 34% of additional tariffs on China. Now China has put the same tariff on America.
- Companies fear of reducing profits: The US has announced a 10%minimum tariff on all imported goods and even higher fees on some countries (such as 34%on China, 46%on Vietnam). This will increase the price of goods coming from there. This will increase the cost of companies, which will affect their profits. Investors have started selling shares due to the possibility of a reduced profit, causing a decline in the market.
- Fear of Global Trade War: After the declaration of tariff from the American, other countries can also impose counter tariffs. For example, if India is imposed 26% tariffs, India can also increase the fees on American goods. This can cause obstruction of global trade, affecting the supply chain. Investors are nervous with this uncertainty and have started withdrawing money from the stock market.
- Concern of Economic Sloidown: People will make less purchases when the goods are expensive with tariffs, which can reduce the speed of the economy. Also, crude oil prices have fallen due to low demand (American crude $ 69.63 per barrel). This is a sign of weak economic activity. This has shown the trust of investors and the decline in the market has intensified.
Reciperook tariff will be implemented from April 9
All the items coming in the US will cost 10% baseline (minimum) tariff. Baseline tariffs will be implemented on April 5 and reciperochl tariffs after 12 pm on 9 April. Baseline tariffs are imposed on imports under the general rules of business, while reciperook tariff is imposed in response to the tariff of another country.
