Just try to find a stock market year like 2018, because you won't [MSN Money]
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Source: MSN Money
© Provided by CNBC Traders works on the floor of the New York Stock Exchange. This year has already been remarkable for the stock market because the moves seen in 2018 are unlike any in the past, according to an analysis by Bespoke Investment Group. Bespoke said in a note Wednesday that the correlation between S&P 500 closing prices in 2018 and that of previous years is dramatically lower than usual, making this a period so unique that it has no historical precedent. “We have done this type of analysis many times over the years, and usually when we run it, the years that have the most similarity to the year in question have correlation coefficients of +0.85 or even greater than 0.90,” analysts at Bespoke said. “In the analysis we ran for 2018, however, there were only two years with a correlation coefficient of more than +0.50, and five of the top ten years have correlation coefficients of less than +0.40. The most similar year to 2018 in the stock market is 1942, wit
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