The Stock Market Is Bordering on a Dubious Record Dating Back to the Early 1870s -- and It Holds Terrifying Implications for Wall Street
Stock market valuations are nearing uncharted territory.
The Stock Market Is Bordering on a Dubious Record Dating Back to the Early 1870s -- and It Holds Terrifying Implications for Wall Street
Overview
Despite some wild volatility in March, it's turned out to be another phenomenal year for investors on Wall Street. Earlier this month, the time-tested Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and tech-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) all soared to fresh all-time highs.
Catalysts have been plentiful and include (but aren't limited to):
Details
But even bullishness has its limits on Wall Street. The stock market is currently bordering on a dubious record dating back to the early 1870s. Should history be made, it would offer terrifying implications for Wall Street and investors.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
