Does This S&P Chart Look Familiar?
- Posted by Danny
- on January 26th, 2013
If I told you the chart below (log scale) spanned about 13-15 years, at first glance you might say, “Well, that’s obviously from the late ’90s to date. Right?”
This chart actually starts in Aug. 1966…and finishes in Jan. 1980. Creepy.
Now the chart below (log scale) is actually the S&P from the late ’90s to date (Aug. 1998-present).
While not picture perfect, the correlation is eerily similar. Whether it continues to play out is anyone’s guess (the world’s economies and markets are nothing like they used to be), but it’s cool to see how history often rhymes.
And we all know what the first chart did after 1980…
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.blog comments powered by Disqus
Daniel Miller and Jason Robinson are self taught investors based in Daphne, Alabama, and are the co-founders of the WallStreetBean. Neither one of them are professional investors - just two regular guys who want to share their investing ideas and thoughts with others. More