Are Stocks Going to Crash? This Forecasting Tool Hasn't Been Wrong in 65 Years, and It Has a Sobering Message for Wall Street
In case you haven't noticed, the green flag has been waving for optimistic investors for more than a year. Since the start of 2023, the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S 500 (SNPINDEX: ^GSPC), and growth stock-fueled Nasdaq Composite (NASDAQINDEX: ^IXIC) have respectively gained 18%, 35%, and 56%, as well as pushed to record-closing highs. There's no denying that a bull market is in full swing.
But unlike bull markets of the past, the current one may not be here for much longer. That's the message being given to Wall Street from one historically flawless economic forecasting tool.
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Source Fool.com
