Market Looks Eerily Similar to Just Before 1987 Crash

Market Looks Eerily Similar to Just Before 1987 Crash

Financial advisers and market strategists usually warn their clients that the market's performance in the past is not a reliable guide for its future moves.

But when Citi's Tom Fitzpatrick and his team overlaid the current chart of the benchmark S&P 500 with the index in 1987 — right before the crash — they got "the chills."

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