GDP And Earnings: Is It 1987? [CHARTS]Harrison Roger
Everyone is talking about whether it is 1987.
In 1987, stocks shed 31%, although GDP accelerated and earnings kept growing. A similar story is present today – GDP is likely to have accelerated in 3Q, earnings are still growing, albeit at a considerably lower pace, and stocks are jittery.
There are, of course, important differences between 1987 and today.
Here’s a look a 6 macroeconomic variables and how they performed in 1987.
The top left is bond . . .
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