Summary of the following charts: Today is not just like 1987.
In 1987, the stock market crashed…
In 2013, the stock market was just like 1987.
In 2014, the stock market was just like 1987.
In 2016, the stock market was just like 1987.
Today, the stock market is just like 1987.
Today is not just like 1987.
Pointing out that today is not like 1987 isn’t a signal that “everyone is bullish.” It’s a statement that today is, objectively, not like 1987. Neither were 2013, 2014 or 2016.
It’s also not just like 1929.
Chart sources shown on charts; otherwise: 2013 & 2014 vs 1987 (ZeroHedge), 2017 vs 1987 (Nautilus).
Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.