Let’s hope we don’t have more similarities with 1987…
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U.S. stocks rose, giving the Standard & Poor’s 500 Index its best start to a year since 1987, after confidence among homebuilders topped forecasts, Goldman Sachs (GS) Group Inc. rallied and concern about Europe eased.
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The difference between 2012 and 1987 is that 1987 was the beginning of the biggest bull run of all time, 2012 is the end.
1987 also had the largest one-day crash, -20%.
Yes, and there will be a crash this year too. It won’t be as severe, but I expect it to be similar to 2008.
LOL, please, would love some more bullshit end of the world prognostications from you guys