30 min ago
A 'Little Disturbance': Read Our New-Look Markets A.M. Newsletter
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In an eerie coincidence, U.S. stocks hit an all-time high two weeks ago on the fifth anniversary of a previous peak. It’s eerie because that day was the starting point for the S&P 500’s quickest descent into a bear market in history.
President Trump surely doesn’t want to see this particular record broken while in office, and it’s unlikely anything as bad as a global pandemic will help it along—at least not so soon. But the odds of Trump owning both gold and silver medals in the stock-market high-dive rose after his speech to a joint session of Congress last night.
