Another Black Monday?

General
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Not gonna lie, my screen time on X this weekend is embarrassing. If you’ve been following market news globally, it’s all Trump’s tariffs, China’s retaliation, protests in the US, and just… panic, panic, panic. Feels like the world’s on fire.

Alright, here’s what’s buzzing on X: Is tomorrow another Black Monday kind of day?

Throwback: Black Monday, 1987.

The Dow Jones fell 22.6% in a single day. It’s still the biggest one day crash in US stock market history. And it didn’t stop there. Global markets followed. Hong Kong crashed 45% that week, UK fell 26%, and Japan dropped nearly 15%. Some markets even stopped trading completely. It was chaos everywhere.

If you’ve never read about it, here’s a short video:

Fast forward to now, April 2025:

On April 2, 2025, President Trump announced a massive hike in U.S. tariffs, raising the average rate from 2.5% to 22.5%.

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In the last 48 hrs:

  • Over $6 trillion in global market cap was wiped out.
  • China hit back with 34% tariffs on U.S. imports.
  • Global supply chains were thrown into chaos.

April 4th, Friday:

  • Dow fell over 2,200 points.
  • Nasdaq fell nearly 10% for the week.
  • S&P 500 loses 5.97%.

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U.S. Stock Market saw total volume of more than 26 Billion shares on Friday, the largest volume day in history.

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Scrolling through the Panic:

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So… Is tomorrow the Day?

If the futures gap down and more panic spreads, it would be one of those days.
Or… maybe nothing big happens. Just weekend panic and the market settles down.

I know I’m overreacting to the flood of news, but still… what’s your take? :grimacing:

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Anyone for Inverse Cramer?

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Enjoy @nithin_kumrr :sweat_smile:

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I know it’s said that “When the US sneezes, the world catches a cold”

Maybe this time, things have changed, because the US seems to have isolated itself, due to Trump’s actions and so, we could have developed some immunity against the cold.

Maybe it’s just a Grey Monday for us rather than a Black one.

I strongly believe that only the US should suffer for its actions, not the rest of the World.

The US might be the world’s biggest economy, but it is just one among the ~195 countries, and maybe this time, it should suffer alone, while other nations come together and trade among themselves, and see this, more as an opportunity than a hurdle.

P.S.

I believe, the real intent behind these tariffs is to strike favorable deals with everyone who flinches to this threat quickly.

I wish, we don’t flinch that easy, and would show some resilience by countering this smartly, rather than playing to Trump’s tune.

Renowned hedge fund manager Bill Ackman said with Trump’s phone likely ringing off the hook and little time to make deals before the April 9 deadline he would “not be surprised to wake up Monday with an announcement from the President that he was postponing the implementation of the tariffs to give him time to make deals.

Trump now convinced everyone that he is crazy, and ready for global recession, Kolanovic said. “A bluff and next comes “deal” making. He will get heat over the weekend.

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