Wall Street's Oldest Battle Is Back: "This, Too, Won't Last" Vs. "This, Too, Shall Pass"
As the past couple of years have shown, volatility is a fixture on Wall Street. The ageless Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S 500 (SNPINDEX: ^GSPC), and innovation-driven Nasdaq Composite (NASDAQINDEX: ^IXIC), have navigated two bear markets since the start of the decade, and enjoyed a period of investment euphoria, which sent all three indexes to record-closing highs in late 2021 or early 2022.
The prevailing question on investors' minds right now isn't a mystery. They want to know where the Dow Jones, S 500, and Nasdaq Composite, are headed next after three-and-a-half very volatile years. This simple question has reignited Wall Street's oldest battle and pitted those in the "this, too, won't last" camp against the investors who believe "this, too, shall pass."
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Source Fool.com
