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This maybe 1998, or 1987, but definitely not 2007 - WSJ

Published 02/12/2018, 05:59 PM
© Reuters.  This maybe 1998, or 1987, but definitely not 2007 - WSJ
SPY
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  • The current market (NYSEARCA:SPY) turmoil appears most like 1987, or 1998, but unlike 2007 according to WSJ's Greg IP.
  • Both 87, and 98 were periods of high asset prices, cyclically rising interest rates, and late cycle economic growth, all analogous to today.
  • Fortunately both corrections were a temporary detour for asset prices and the economy.
  • Previously: Futures rally following brutal week (Feb. 12)



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