CNN anchors humorously critiqued President Trump's prediction of a stock market boom following an unprecedented drop of nearly 1,700 points due to his newly announced tariffs. The market's collapse, which began as soon as trading opened, was exacerbated by China's retaliatory tariffs. During a discussion, CNN's John Berman likened the market's state to a sick patient undergoing surgery, raising questions about the economic outlook. Meanwhile, experts await the upcoming jobs report to assess the broader impact of federal job cuts on the economy.
President Donald Trump's prediction of a booming stock market comes amidst a severe downturn triggered by his comprehensive tariff program, shocking many analysts.
CNN anchors mockingly acknowledged Trump's optimism despite a 1,600 point drop in the Dow, pointing to the severity of the market's reaction to tariff announcements.
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