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Three reasons why this isn’t 1987

Thursday, October 13, 2016 10:14
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A scary analog has been floating around in the last few days. Citibank FX analyst Tom Fitzpatrick postulated that the current market looks an awful lot like 1987 (via Business Insider).


Murray Gunn at HSBC also issued a similar crash warning. Oh, puh-leez! I can think of at least three reasons why this isn’t 1987 (also recall The USD Apocalypse of September 30, 2016).

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