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Warning of a Market Crash Like Black Monday?

Warning of a Market Crash Like Black Monday?

On October 19, 1987, known as Black Monday, the global markets faced a shocking crash, with the US Dow Jones falling by 22.6%. Fast forward to April 6, 2025, Jim Cramer, a renowned market analyst, warned that a similar disaster could occur due to President Trump's tariff disagreements, which have unsettled global markets. Cramer urged the president to communicate with countries not imposing retaliatory tariffs to prevent another financial meltdown. The 1987 crash was driven by several factors, including a needed correction in a booming market, computerized trading, and significant volatility from the expiration of stock options. If history repeats, investors may face another tumultuous day ahead.

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