by Chad Shoop
The Sovereign Investor
In 2013, the S&P 500 surpassed its October 2007 all-time high.
I watched as CNBC news anchors sat stunned at the fact that busses of local newscasters weren’t pulling up to document the historic moment.
And it was indeed an historic moment.
The stock market had never been at a higher point, and yet the excitement that joined the 2007 high was absent. Of course, the 2000 market crash that took roughly two years to put in a bottom had left many traders wary of any attempts by the market to reach new highs.