Is the Stock Market Going to Crash? A Fed Forecasting Tool Just Hit a Reading Last Observed During the Great Recession.

Before Feb. 19, the stock market was seemingly unstoppable. The widely tracked Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500 (SNPINDEX: ^GSPC), and growth-dependent Nasdaq Composite (NASDAQINDEX: ^IXIC) all achieved numerous record-closing highs.The wind in Wall Street's sails was based on a confluence of factors, which includes:This last catalyst is of high intrigue for investors. The Dow, S&P 500, and Nasdaq Composite all soared during Trump's first term in office, and there's been hope for an encore performance. Trump's strong belief in deregulation, coupled with his desire to reduce the peak marginal corporate income tax rate, appeared to bode well for the stock market.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool