Current Market Correction is like 1987 or 1998

The current market correction appears to be more like 1987, or 1998, but unlike 2007 according to WSJ's Greg IP with similar factors in today:

  • High asset prices
  • Cyclically rising interest rates
  • Lates state in economic growth cycle

Both 87 and 98 corrections were a temporary detour for asset prices and the economy.

Source: WSJ

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