The Stock Market Is Doing Something It's Only Done Twice Since 1871 -- Should You Be Worried for 2026?

Key Points The S&P 500 is set to close 2025 with a double-digit gain. But the market index's Shiller P/E is hovering near a level previously reached just before the dot-com bubble burst. History shows extreme valuations tend to cool over time. 10 stocks we like better than S&P 500 Index › Ah, 1871. Those were different times, weren't they? The Second Industrial Revolution was gathering steam, the telegraph was all the rage in technology, and J.P. Morgan (the financier) was getting the ball rollin ...