Outlook 2020: Will US stocks take a major tumble?
The S&P 500 has stubbornly defied the odds – and the naysayers – to repeatedly post record highs. No bull market continues forever, but this one has outlasted most expectations.

The US stock market has been on a tear since it bottomed out after the 2008 global financial crisis, gaining more than 300% since early 2009. It has stubbornly defied those who have – increasingly urgently in the years of Donald Trump’s administration – warned of a looming crash, admittedly with the help of measures such as tax cuts.
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