No wonder SNL’s ‘MAGDA’ slogan is in trend and taking over social media now!What’s MAGDA, you ask?It’s ‘Make America a Great Depression Again’!Until now, thanks to peak consumerism – we were well-versed with Black Friday; Black Friday being the Friday following Thanksgiving in the United States, traditionally marking the start of the holiday shopping season…
A graduate of the renowned Harvard University with a doctorate in Law, Jim Cramer, the founder of TheStreet and CNBC host of the show “Mad Money”, warned global market investors about a potential bloodbath likely to happen after the stock markets reopen on Monday, April 7, reported multiple media outlets. Also Read | Can Indian…
Jim Cramer’s prediction of ‘Black Monday’ on live television went viral. CNBC host Jim Cramer predicted a 1987-like ‘Black Monday‘ coming week because of the tariffs Donald Trump imposed on countries. “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…
On October 19, 1987, after three days of decline in the New York stock market, the Hong Kong market dropped by 10.5 per cent after a rise of 89 per cent in the previous 12 months. Black Monday had triggered a worldwide stock crash. In US dollars terms, eight stock markets declined by 20-29 per…