The Stock Market Is Doing Something for Only the 2nd Time in Nearly 156 Years, and History Says It Foreshadows Disaster for Wall Street

Major U.S. benchmarks—the Dow, S&P 500, and Nasdaq—have climbed to several new highs in 2026, suggesting improving investor positioning despite ongoing concerns. The article frames this as markets successfully “climbing the wall of worry,” but it provides no specific earnings, policy, or macro catalyst. Overall, the setup is mildly risk-on for broad equities.