This Investment Strategy Has Been Foolproof Since 1900, and It’s the Closest Thing You’ll Get to a Guarantee on Wall Street
For more than two years, the bulls have been running wild on Wall Street. The ageless Dow Jones Industrial Average, benchmark S&P 500 (^GSPC 0.08%), and growth stock-dominated Nasdaq Composite have all, respectively, reached multiple record-closing highs.
But there are also reasons to believe this epic rally in equities could come to an abrupt halt. The first notable drop-off in U.S. M2 money supply since the Great Depression in 2023, the longest yield-curve inversion in history, and the S&P 500’s Shiller price-to-earnings ratio hitting one of its highest multiples in 154 years, are all examples of historic precedent and correlations coming into play.
Investors regularly look to these historic markers to…
