We Just Witnessed the Stock Market Do Something That’s Occurred Only 3 Times Since 1871 — and the 2 Prior Events Led to Disaster
A seldom-observed event on Wall Street portends trouble for stocks. This year has served as a good reminder of what a superior wealth creator the stock market can be for patient investors. Despite a tariff-related swoon in equities in late March and early April, Wall Street’s health barometer, the S&P 500 (^GSPC -2.71%), along with the…