Are We in a different market situation than the 2008 crash?

With the actual market turmoil, memories of the crash in 2008 tend to come back, and we now often read about comparisons of the two situations, with some investors thinking that history will repeat itself, while others believe we are in a different market situation.

Is there a similarity between 2008 and 2022?

There is only one similarity between 2008 and 2022. There are many differences. We do not expect a 2008-alike crash in 2023. There are too many differences between 2008 and 2022 with only one similarity. We do not expect a market crash similar to the one in 2008.

Are there any differences between 2008 and 2023?

There are many differences. We do not expect a 2008-alike crash in 2023. There are too many differences between 2008 and 2022 with only one similarity. We do not expect a market crash similar to the one in 2008. Many are anxious about the next next lower in markets to start soon, not later than early 2023.

How did the 2008 SPX crash compare to 2022?

First, let’s compare the SPX charts: 2008 vs. 2022. The 2008 crash came with a structural breakdown of a key horizontal level, it happened in September of 2008 when 123 points in SPY ETF gave up. The bounce that occurred in August from that level was very weak, the triple bottom did not hold.