In 1968 the country was in a mess:
- North Korea captured the USS Pueblo
- North Vietnam launched the Tet Offensive
- A sniper assassinated civil rights leader Dr. Martin Luther King Jr
- Civil Rights riots erupted across the country
- Democrat presidential candidate and Attorney General Robert Kennedy was assassinated
- Antiwar protests turned violent at the Democrat Presidential Convention
- At the Summer Olympics two black athletes staged a silent demonstration against racial discrimination in the US
- The year ended on a positive note when Apollo 8 was the first manned spacecraft to orbit the moon.
The stock market was just as turbulent. Following Nixon’s presidential victory in November, the S&P500 briefly rallied to an all-time record high; but one year later it plunged over 30%.
This year’s presidential season has no less drama…invest with caution.
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