This Recession Indicator Has a Perfect Track Record Over the Past 72 Years: Here's What It Says Happens Next
When investors closed the book on 2023, many did so with a big smile. The ageless Dow Jones Industrial Average (DJINDICES: ^DJI) firmly put the 2022 bear market in the rearview mirror and galloped to a fresh record high. Meanwhile, the broad-based S 500 (SNPINDEX: ^GSPC) and growth-inspired Nasdaq Composite (NASDAQINDEX: ^IXIC) respectively gained 24% and 43% for the year.
But a new year brings new opportunities for investors -- and potentially some new concerns.
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Source Fool.com