Profile image
By Humble Student of the Markets (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Three reasons why this isn’t 1987

Thursday, October 13, 2016 10:14
% of readers think this story is Fact. Add your two cents.

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).

B4INREMOTE-aHR0cHM6Ly80LmJwLmJsb2dzcG90LmNvbS8tWE5uejdrSVg4MFkvVl84UWV4WEN5VkkvQUFBQUFBQUFUTEEvUkJwaVJXMHF2bHdBdmlrOVgzai1aNlhraHJiQVNnbk9nQ0xjQi9zNDAwL3NjYXJ5LXNweC1jaGFydC1jb3RkLnBuZw==

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).

The full post can be found at our new site here.



Source: http://humblestudentofthemarkets.blogspot.com/2016/10/three-reasons-why-this-isnt-1987.html

We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse

Comments

Your Comments
Question Razz Sad Evil Exclaim Smile Redface Biggrin Surprised Eek Confused Cool LOL Mad Twisted Rolleyes Wink Idea Arrow Neutral Cry Mr. Green

Loading...
Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

 

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.