Los Angeles Times

Stock market keeps rising, and Wall Street sees no end

John Templeton, the late investing guru, once said bull markets in stocks "mature on optimism" before they eventually "die on euphoria."

Chalk up 2017 as another year of maturity for the current bull market - on a record scale.

Defying speculation 12 months ago that the years-long rally would be sorely tested during President Donald Trump's first year in office, the stock market has been riding a wave of continued optimism to repeatedly reach new highs.

Analysts give Trump some credit for the gains, mainly for pushing the tax bill passed by Congress last week, and for reducing regulations. But market trackers give most

You’re reading a preview, subscribe to read more.

More from Los Angeles Times

Los Angeles Times3 min readCrime & Violence
Editorial: The Supreme Court Cannot Allow Homelessness To Be A Crime
If you are homeless and have nowhere to go — neither a temporary shelter bed nor a permanent home — can you be fined or, worse, jailed for sleeping on a sidewalk? Or is that cruel and unusual punishment? That’s the question that the Supreme Court wre
Los Angeles Times5 min read
Gaza Protests Roil Universities From California To New York; Tensions Grow At Humboldt, Berkeley
LOS ANGELES — Officials shut down the campus of Cal Poly Humboldt on Monday night after masked pro-Palestinian protesters occupied an administrative building and barricaded the entrance as Gaza-related demonstrations roiled campuses across the nation
Los Angeles Times8 min read
Bit By A Billionaire's Dog? Or A Case Of Extortion? A Legal Saga From An LA Dog Park
LOS ANGELES -- A dog-bites-woman story usually isn't much of a story at all. But an incident in one of L.A.'s wealthiest enclaves has become something else entirely. What began in a Brentwood park on a summer day in 2022, when a dog owned by billiona

Related Books & Audiobooks