Is Palantir Going to Plunge 50% (or More)? History Offers a Blunt Answer.

It's been a phenomenal year for Wall Street and investors. Whereas the stock market's major indexes have historically averaged annual returns that range from the high single digits to around 10%, the ageless Dow Jones Industrial Average, benchmark S&P 500, and growth-propelled Nasdaq Composite have respective rocketed higher by 16%, 27%, and 33% on a year-to-date basis, as of the closing bell on Dec. 13.While the latest leg of this bull market rally has been fueled by Donald Trump's November victory, the lion's share of this two-year ascension for the major stock indexes can be attributed to the artificial intelligence (AI) revolution.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool