'Won't be pretty': Mark Cuban reveals who he thinks will be 'hit worst' by slowing economy

[turbinetree]

By David McAfee
Published May 3, 2025 8:43 PM ET

Billionaire Mark Cuban on Saturday revealed who he believes will be hit the hardest if the economy takes a turn for the worse due to Donald Trump's trade policies.

Trump's on-and-off-again tariffs have created uncertainty in the market, and some experts have warned that a recession could be coming next.

Cuban took to social media over the weekend to predict what that might look like.

https://www.rawstory.com/mark-cuban-recession-economic-trump/

-snip-

"The difference is in the past the gov would spend money to help them get through it," Cuban then replied. "That won't happen these days.

[Blasphemer]

1. Poor folks in red states will be hit the worst... FAFO time for MAGA. nt

[Aristus]

5. They'll just blame Joe Biden.

Let’s not make the mistake of crediting these people with the ability to think.

[Tickle]

2. The markets are doing fine NT

[Qutzupalotl]

3. True, but the shortages haven't hit yet.

We don't know how long they will last, but I think it depends on how stubborn and pigheaded Trump is. I'm guessing a long time.

[doc03]

4. In spite of all the hype, gloom and doom the market is doing

surprisingly well IMO. What we are seeing now is just your routine correction so far, nothing like
the Bush great recession.

[LisaM]

7. It's only May.

It took Bush almost eight years.

[slightlv]

8. I read somewhere today that

it'll be the end of June/into July when it's really going to start hitting us... with massive shortages and rising prices.

[spooky3]

10. It's not doing well. S&P is below flat for the year.

Last edited Sun May 4, 2025, 02:31 PM - Edit history (1)

In normal years, it would be nearing 4-5% up for the year at this point. The only reason it partially recovered is that TSF pulled back on his tariff threats, temporarily. But businesses are finding it impossible to plan.

If TSF had done nothing in the first place, the economy would have continued humming along as it did under Biden.

[Tansy_Gold]

11. "The Market" is not the economy. n/t

[spanone]

6. K&R

[jgmiller]

9. I love the quoted reply in the article

from the guy that says it's nothing new and they are used to it but at least it won't be like under Biden where all they talked about was how high stock prices were.

He's right now the adminstration will tell them that they deserve this because they don't work hard enough and they need to have some pain so they billionaires can fix the economy.