We Just Witnessed the Stock Market Do Something That's Occurred Only 3 Times Since 1871 -- and the 2 Prior Events Led to Disaster

This year has served as a good reminder of what a superior wealth creator the stock market can be for patient investors. Despite a tariff-related swoon in equities in late March and early April, Wall Street's health barometer, the S&P 500 (SNPINDEX: ^GSPC), along with the ageless Dow Jones Industrial Average (DJINDICES: ^DJI) and innovation-driven Nasdaq Composite (NASDAQINDEX: ^IXIC), have all pushed to numerous record-closing highs.There's plenty for investors to be excited about, including the rise of artificial intelligence (AI), the emergence of quantum computing, the prospect of future interest rate cuts, and some sort of coming resolution as to whether or not President Donald Trump's tariffs will remain in place. Anything that makes Wall Street more predictable tends to be highly valued by investors.But new all-time highs for the S&P 500, Dow Jones, and Nasdaq Composite aren't the only history being made. We just witnessed the stock market do something that's occurred only three times (including the newest incident) since January 1871. And based on what history tells us, it bodes poorly for stocks, at least in the coming quarters and/or years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool