We're Closing in on the 2nd Priciest Stock Market in 154 Years -- and History Offers an Ominous Warning of What Comes Next

For more than a century, the stock market has stood tall as the premier wealth creator, with stocks generating a higher average annual return than bonds, commodities, and real estate. But getting from Point A to B can often be an adventure.Just five months ago, the unveiling of President Donald Trump's tariff and trade policy sent the benchmark S&P 500 (SNPINDEX: ^GSPC), growth-fueled Nasdaq Composite (NASDAQINDEX: ^IXIC), and ageless Dow Jones Industrial Average (DJINDICES: ^DJI) spiraling lower. The S&P 500 endured its fifth-steepest two-day percentage decline since 1950, while the Nasdaq Composite plummeted into its first bear market in three years.However, sentiment on Wall Street can shift at the drop of a hat. Since President Trump announced a 90-day pause on higher "reciprocal tariffs" on April 9, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have been off to the races, with all three indexes achieving multiple record-closing highs.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool