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- Today's stock market looks a lot like 1987's, but that doesn't mean an October crash is going to happen.
- Ned Davis Research highlighted the key similarities and differences between now and 36 years ago.
- "While there are several high-level similarities, not enough line up to conclude that a crash-like event is likely."
The similarities between today's stock market and the stock market of 1987 are striking, but that doesn't mean an October crash is going to happen, according to Ned Davis Research.
A third-quarter correction and weakening market breadth are just a few things in common between the S&P 500 today and 36 years ago.