Markets just posted their worst 2-day crash since COVID, and yes Jim #Cramer is yelling about 1987 again. But this time, he might actually have a point.
On April 2, 2025, the wheels came off. Trump’s new global tariffs sparked a violent selloff. In two trading days:
• #Dow dropped 3,910 points
• #S&P 500 fell 10.8%
• #Nasdaq crashed 11.4%, now down 22% from its December highs
This isn’t a correction. It’s a breakdown.
The setup feels eerily similar to October 1987. Back then, markets dropped 3 straight days before Black Monday obliterated 22.6% in a single session. This week looks like déjà vu: multi-day declines into a weekend, global panic brewing, and #Europe threatening tech with new regulation.
#JPMorgan just raised its U.S. recession odds to 60%. Volatility is spiking. Market structure is fragile. Everyone is hoping circuit breakers and Fed liquidity can stop a full collapse. Maybe they can.
But they can’t stop forced liquidations, panic selling, or psychological contagion.
We might not get a repeat of 1987’s 22% single-day #crash. But the conditions for something big cascading breakdown, a global margin call are already in place.
If this isn’t Black Monday 2.0, it might be the dress rehearsal. However, unlike #1987, today’s markets have circuit breakers and other protections designed specifically after the #BlackMonday crash to prevent such rapid declines. But if you understand #Bitcoin, we both know how weak and useless the Keynesian centralised system is.
Stack sats and stay humble #Nostr.
⚡️🚨 NEW - Jim Cramer warns of a 1987 "Black Monday" style stock market crash on Monday, says he is about to be super mad.
"Black Monday" was a global stock market crash where the Dow Jones tanked almost 23% in a single day.
"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 where we went down three days and then down 22% on Monday, has the most cogency."
"I will contain my anger... and if Europe moves against our fabulous tech companies next week, then I will be furious."
