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Trump Warns Harris Vote Could Spark Market Crash

4/7/2025

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Summary

Story summary

President Trump cautioned that voting for Kamala Harris may trigger a market crash reminiscent of the 1929 depression.
The S&P 500 has fallen 15% since Inauguration Day, largely due to tariffs.
Analysts, including JPMorgan, estimate a 60% chance of recession as GDP forecasts decline.
The market downturn may further erode consumer confidence and spending, exacerbating economic challenges.

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Story summary

President Trump cautioned that voting for Kamala Harris may trigger a market crash reminiscent of the 1929 depression.
The S&P 500 has fallen 15% since Inauguration Day, largely due to tariffs.
Analysts, including JPMorgan, estimate a 60% chance of recession as GDP forecasts decline.
The market downturn may further erode consumer confidence and spending, exacerbating economic challenges.