Black Monday redux? Jim Cramer warns of 1987-style market crash
Written by Black Hot Fire Network on April 6, 2025
CNBC host Jim Cramer has issued a stark warning about a potential market crash reminiscent of 1987’s “Black Monday.” He emphasized the importance of President Donald Trump engaging with countries and companies that follow trade rules to avoid such a scenario.
The 1987 market crash saw the Dow Jones Industrial Average drop by 22.6 per cent in a single day. Cramer said the bloodbath in the US market could be a potential repeat scenario following a sharp two-day sell-off triggered by Trump’s announcement of sweeping tariffs on nearly 90 countries.
