, Columnist
Cuban Crisis Parallels Give Stocks a 1962 Look
An uncannily similar first half suggests we may need to see a resolution to the Ukraine conflict before a durable recovery can happen.
Past as prologue.
Photographer: AFP/Getty Images
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The stock market — the daytime adventure serial of the well-to-do — wouldn’t be the stock market if it didn’t have its ups and downs. Anyone knows that the elder J.P. Morgan, when asked to predict the market, said: “It will fluctuate.”