No, not really. Plot your graph again, but draw a near-straight line from 1961-1963 right through today’s high point.
It DOES track through the “Housing Bubble’s” crash into today’s growth.
The truly hollow market bubble was the Dot Com hype that inspired “everybody” to believe Bill Clinton was an economic genius - when it was Newt Gingrich’s republican restraints on spending and taxes in 1994-1998 that enabled to computer bubble’s hype to begin. Ignore that artificial jump, and today is right on the line it should be on for long-term growth.
Better yet, plot the price of gold and the price of oil since 1890. That will surprise you.