CNN Anchors Roast Trump for Saying ‘Markets Are Going to Boom’
CNN anchors roasted President Donald Trump over his prediction that “markets are going to boom” as the world reels from a tariff-fueled stock market selloff.
Trump rolled out his tariff program Wednesday that was much larger and more comprehensive than many expected — cratering stock futures almost instantly.
The stock market dropped like a boulder as soon as the opening bell rang Thursday morning, and closed almost 1700 points in the hole — and that was before China announced reciprocal tariffs that sent futures crashing again. But Trump, in a gaggle aboard Air Force One Thursday afternoon, predicted the stock market will “boom.”
On Friday’s edition of CNN News Central, anchors John Berman and Kate Bolduan each had quips about Trump’s prediction:
JOHN BERMAN: The whistling sound you may have heard yesterday was the Dow falling more than 1,600 points. That was yesterday.
And we’re already seeing this new fallout today. European stocks extended losses after their worst day in eight months.
The White House up until now has been shrugging it off, and the president keeps describing it like he’s an ER doctor.
PRESIDENT DONALD TRUMP: As a sick patient, it went through an operation on Liberation Day, and it’s going to be a booming country.
JOHN BERMAN: All right, again, it may have been an operation performed without anesthetic, and based on what we see this morning, it was only one incision. A lot more cuts are happening.
Question now is, what comes next? A lot, apparently. We get some new vital signs on that patient in about 90 minutes, the new jobs report is out for March. It will give us an idea of how the deep federal jobs cuts are affecting the market.
Let’s get right to CNN’s Alayna Treene at the White House in the middle of all of this in the middle of stocks diving again this morning.
Alayna, you’ve got some information about the behind the scenes maneuvering here.
ALAYNA TREENE: That’s right. I think what’s very clear, John, and it was very clear yesterday in kind of the tour of top advisors, top economic advisors from Scott Bessent to Howard Lutnick, the list goes on, that they were trying to be very deliberate in their messaging.
To make it clear that, you know, these tariffs are here to stay, that negotiations maybe could happen, but for now, that’s not really the plan, that the president and this administration are committed to really trying to see this broader… global realignment, a break in the way that trading has been done globally for the last 70 or 80 years.
…
The president himself is really trying to show no worries about that. He said yesterday when leaving the White House that the markets are, quote, “going to go boom, the stock market is going to go boom.”.
We’ll see if that ends up actually being the case. John.
JOHN BERMAN: Well, it appears the stock markets are going “boom,” just not in the way he may want.
ALAYNA TREENE: (LAUGHS).
JOHN BERMAN: Alayna Treene at the White House, thank you very much for that. Kate?
ALAYNA TREENE: And going “boom!” While we are watching it right now.
Watch above via CNN News Central.
