The Money-Market Bonanza Is Over. So Is Now the Time for Stocks? - WSJ
The S&P and Dow both hit records Tuesday, making further gains from here difficult.
Why did the editor allow this line to be published?
The S&P 500 set more than 1,000 record highs between 1950 and 2021, according to an analysis by Royal Bank of Canada. One year later, those highs were followed by a correction—a decline of more than 20%—less than 7% of the time. When the time horizon was extended to 10 years, that number dropped to 0.
This was seven paragraphs later, and exactly my point.