Today Is Not Just Like 1987

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In 1987, the stock market crashed.

stocks plunge newspaper clipping

In 2013, the stock market was just like 1987.

sp500 in 2013

In 2014, the stock market was just like 1987.

sp500 in 2014

In 2016, the stock market was just like 1987.

sp500 october 1987 v1

Today, the stock market is just like 1987.

sp500 october 1987 v3

Today is not just like 1987.

1987 vs. today

sp500 comparison

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.

scary parallel

Read next Debate: Will Shrinking the Fed's Balance Sheet Crash the Markets?

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