The US stock market is on the cusp of making history. Specifically, the S&P 500 Index. It’s on an epic winning streak, delivering positive total returns — including reinvested dividends — every single month so far in 2017.
As Craig Nicol and Jim Reid, strategists at Deutsche Bank point out, this is not only a rare occurrence, it’s on the cusp of being unprecedented.
“This has only been equalled in 1995 where the first 9 months of the year also saw such an occurrence.
However, all good things must come to an end, and as Nicol and Reid note, when winning streaks of this length have occurred in the past, it’s often ended in an abrupt decline.
Sourse: BI
Trader-G.Bozhidarov
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