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Article: HISTORY TO RECORD BULL MARKET OF 1982-87 AS CLASSIC CASE
- Article from:
- THE JOURNAL RECORD
- Article date:
- December 26, 1987
- Author:
CopyrightCopyright (null) The Journal Record. Provided by ProQuest LLC. (Hide copyright information)
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When it goes into the history books, many Wall Street analysts
believe the bull market of 1982-87 will be chronicled as a classic
example of its breed.
It began, like many of its predecessors, in a setting of fear
and gloom, and it ended, like many past bull markets, in an
atmosphere of frenzied excess.
Whatever the market does from here on out, most analysts agree
that a golden financial era ended when stocks topped out last summer
and spiraled downward in September and October.
Even now, it is possible that a new market advance of
significant proportions is stirring. But the great bull market of
the mid-1980s, a $2.25 trillion wonder that attracted followers from
all over the ...