When Andy Williams released the song "It's the Most Wonderful Time of the Year" on his first 1963 Christmas album, the S&P 500 was singing a bullish tune of its own. The index had just hit a record high of 74 points, shaking off the scars of the 1962 bear market.
Fast-forward 61 years, and history looks ready to rhyme: the U.S. stock market is again trading at all-time highs as the holiday season ushers in what has historically been a joyful period for investors.
