๐ ๐ฃ BLACK MONDAY 2.0?
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. Trumpโs new global tariffs sparked a violent selloff. In two trading days:
โข #Dow dropped 3,910 points
โข #S&P 500 fell 10.8%
โข #Nasdaq crashed 11.4%, now down 22% from its December highs
This isnโt a correction. Itโs 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 dรฉjร 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 canโt stop forced liquidations, panic selling, or psychological contagion.
We might not get a repeat of 1987โs 22% single-day #crash. But the conditions for something big cascading breakdown, a global margin call are already in place.
If this isnโt Black Monday 2.0, it might be the dress rehearsal. However, unlike #1987, todayโs 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.
