Late Nineties Replay?

China headaches are causing wobbles and volatility and many an investment expert is using the past to find a template for what possibly lays ahead. The bears are looking at 2007. We all know what came next. The bulls, much larger in numbers, are looking at 2013 or 2011 when volatility proved just that and the bull market for global equities resumed its uptrend relatively soon after. However, given concerns are again concentrated in Asia and the US Fed is ready to start raising interest rates, maybe a more suitable experience to look at from the past is located in the late nineties? Back then the Fed had only just started lifting rates when Thailand was forced to abandon its USD-peg and the Asian currency crisis started developing. Back then, US and Australian equities ceased moving in lock-step. It should surprise no one if that's about to happen again. And there was no recession. Until 2000, that is. My Weekly Insights (VIEW LINK)