Wall Street Is 2 Weeks Away From Setting a Dubious Record

Over very long periods, Wall Street has proved to be a virtually surefire moneymaker. But over weeks, months, or even a couple of years, directional moves in the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S 500 (SNPINDEX: ^GSPC), and growth-oriented Nasdaq Composite (NASDAQINDEX: ^IXIC) are practically impossible to predict with any accuracy.

Since the beginning of the decade, we've watched the Dow, S 500, and Nasdaq Composite plunge into two separate bear markets (2020 and 2022), as well as surge to record highs (2021). In 2023, Wall Street is, once again, set to make records -- but of the dubious variety.

Image source: Getty Images.

Continue reading


Source Fool.com