Maybe it’s fitting that Hollywood is prepping a “Top Gun” sequel, because Wall Street is busy replaying plot points from the year that movie appeared. Even if not too many people now on Wall Street saw the Tom Cruise flyboy flick in its first run through theaters, plenty of investment pros are speaking fondly of the 1986 market and its rough, mostly reassuring, resemblance to today. By 1986, the U.S. was a half-decade into a bull market that had followed a devastating recession. The Standard & Poor’s 500 was up 160% from its 1982 low – not too far short of the 200% rise it has enjoyed in the current one, since 2009. (full story)