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1995 All Over Again? How Today’s Market Compares With History
The past year has seen dramatic changes in investor expectations. We started worrying about inflation, survived a banking crisis and witnessed a tech boom in AI stocks. Another interest-rate panic followed in late summer, but it soon morphed into a surprising bullish reversal in early November. Stocks have moved almost straight up since. This raises an important question: Has the market ever seen anything like this before? The surprising answer could be “yes.” It may resemble a key moment in the mid-1990s as one of the greatest bull runs of all time took shape. This article will consider at least five potential ... (full story)