The U.S. stock market has been put to the test in recent years, showing its resilience in the face of such headwinds as trade skirmishes with the country’s largest trading partners, a 35 day government shutdown, climbing federal debt, uncertainty in Washington on multiple fronts, uncertain future Fed policy, and geopolitical concerns among many others. But despite these headwinds, markets have marched on, as has the U.S. economy. Unemployment, at 4.0%, has recently been as low as 3.7%, the lowest in about 50 years. At the same time, labor participation has improved largely