(Bloomberg Opinion) — If you like historical parallels, as I do, and particularly about markets, then here’s an intriguing one: What’s happening now in 2019 looks and feels a lot like it did in 1998. The obvious similarities are that, now as then, a U.S. president faces the threat of impeachment against the backdrop of a strong economy and surging stock market. Even “Friends” is still popular today, just as it was then. But it’s the finer affinities within those broader parallels that are most interesting, and in some ways instructive. Let’s take a look. For starters, when the U.S. …read more
Source:: Yahoo Finance
