Keep October 1987 Black Monday crash in mind: Former Treasury Sec., Goldman chair Robert Rubin's message to the market
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Why This Matters
Former Treasury Secretary Robert Rubin warns the market to be cautious, drawing parallels to the 1987 Black Monday crash, highlighting the potential for complacency.
Market Impact
Market impact analysis based on bearish sentiment with 68% confidence.
Sentiment
Bearish
AI Confidence
68%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The market can be complacent for a long time, and former Treasury Secretary, Goldman chair Robert Rubin says he keeps reminding people of October 1987's crash.
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Full article on CNBC
Original article published by
CNBC
on December 4, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.