The Last Time Stocks Were This Calm, England Won The World Cup

1966 was a big year… Miranda Rights came into being in America, Vietnam War protests raged, the US department of Transportation was created, the mini skirt was invented, Batman and Star Trek debuts, NASA launches Lunar Orbiter 1 – the first U. S. spacecraft to orbit the Moon, race riots raged in Atlanta, Ronald Reagan entered politics becoming Governor of California, and (for some) most importantly, England defeated Germany to win the ‘Football’ World Cup.
However, there is one more thing – 1966 was the last time that the stock market ‘calmness’ was as low as it is today…

To put that into context…

This post was published at Zero Hedge on Oct 19, 2017.

 

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