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%.
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%.
U.S. Stock Market saw total volume of more than 26 Billion shares on Friday, the largest volume day in history.
Scrolling through the Panic:
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?