I did not know where else to place this article, i guess on the Stock Market Education sub-forum, it'll do...was the stock market that awesome in the year 1986...?! what correlation is there between that year and now?...just explain like am a 5yr old...i'll appreciate http://finance.yahoo.com/news/got-a...treet-is-fondly-recalling-1986-120910291.html
Hi Dear. In this Article author is just comparing 1986 markets and todays time. They r not saying that markets will fall or grow but they are mkng comparison of every situation happened that tmes and these times. In 1986 Markets were v bullish like todays times. Those times also oil prices fell down badly and same happened these months also. Those times interest rates were 0 and fed started to increase rates to control economy problems and these days also Fed is thinkng of doing from 2016. Ryt now interest rates are 0 in USA. Though i am from India ok. Anyways going further bottom line is Stock markets still have lots of juice left and i believe SNP 500 can hit 2400 to 2450 till year end or till next year. So markets will remain bullish.
I appreciate the detailed explanation....at least i now have an idea what is being said in the article, before it was quite hard to comprehend what the author was putting across ...thank you
