The Federal Reserve Just Made Dubious History That Can Lead to a Crisis of Confidence on Wall Street in the New Year
The Motley Fool·2025-12-13 08:06
A central bank divided against itself cannot stand.Although it's been a year filled with twists and turns, Wall Street's major stock indexes have continued their trek higher. The ageless Dow Jones Industrial Average (^DJI 0.51%), broad-based S&P 500 (^GSPC 1.07%), and growth stock-dominated Nasdaq Composite (^IXIC 1.69%) have rallied 13%, 17%, and 22% on a year-to-date basis, as of the closing bell on Dec. 10.Hot trends have been a significant theme, once again, in propelling this bull market to new heights ...