Stories

Axios Feb 10
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Wall Street's "beautiful ride is now over"

The iconic Wall Street bull.
Photo: Spencer Platt / Getty Images

"For 15 months [after] the 2016 election of President Donald Trump, ... the stock market was a smooth, one-way trade: up 34%, with nary a significant pullback ... That beautiful ride is now over," Barron's writes in its cover story.

Why it matters: "A fast and vertiginous drop in February points to a material change in investor psychology, to cautious from enthusiastic."