Be Careful What You Wish For: This Event May Signal the Start of the 2024 Bear Market

The past four years have been nothing short of a wild ride for Wall Street. Since this decade began, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S 500 (SNPINDEX: ^GSPC), and growth-fueled Nasdaq Composite (NASDAQINDEX: ^IXIC), have bounced back and forth between bear and bull markets in successive years.

Currently, the Dow, S 500, and Nasdaq Composite are enjoying a major rally off of their 2022 bear market lows. While some investors have been quick to label 2023 as the start of a new bull market, one key event may swing the pendulum in favor of the bears, once again, in 2024.

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Source Fool.com