The Stock Market Just Did Something That Hasn't Been Witnessed Since the Dot-Com Bubble Burst in 2000 -- and the Message Couldn't Be Clearer

For much of the last seven years, the bulls have been in firm control on Wall Street. The iconic S&P 500 (SNPINDEX: ^GSPC) has gained at least 16% in all but one year since 2019. Meanwhile, the ageless Dow Jones Industrial Average (DJINDICES: ^DJI) just eclipsed 50,000 for the first time in its nearly 130-year history, and the technology-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) has consistently delivered outsize returns. There has been no shortage of catalysts fueling this upside, including the evolu ...