IS A BLACK MONDAY CRASH COMING TOMORROW?

Many people are calling for a crash at tomorrow’s market open for these reasons.

- Oil is above $100.
- AI perps are crashing.
- Bank stocks are dumping.
- VIX is at a 4-month high.
- Bond yields are surging.
- Inflation is running hot.
- War and geopolitical uncertainty are rising.
- Rumours around the AI fund getting blown out are spreading.

And coincidentally, the Black Monday crash in 1987 happened on 19th October, and tomorrow is also 19th October.

And here’s what happened during the last Black Monday crash:

- The US stock market crashed 22% in a single day, wiping out $500 billion.
- Global stock markets lost over $1.7 trillion.
- The Fed had to inject liquidity to calm the markets.

The last Black Monday crash was caused only by rising rates and trade deficit concerns.

This time, the market is a lot more mature, and such a massive crash isn’t possible because of circuit breakers.

That doesn’t mean a dump can’t happen, but a full-blown crash like the one in 1987 is a bit extreme.

$NVDAB $BTC