What to Make of a Stock Market That Has Gone Nowhere for a Year-and-a-Half

Recent stock market performance is odd in that 2019 has gone gangbusters but since the start of 2018, stocks have basically gone nowhere. The obvious culprit here is the fact that stocks fell roughly 20% in the 4th quarter of 2018. 
Here’s a Fortune piece I wrote to put this performance into context.
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The S&P 500 closed at 2,839 on January 25, 2018. On Monday [August 26], the S&P closed just shy of 2…

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