If History Repeats Itself, This Is What to Expect in the Stock Market in 2024
Wouldn't it be nice to know exactly what's going to happen in 2024 and make millions of dollars? No one does that, of course. But there have been historical patterns that give investors a clue as to what to expect from the stock market in the coming year, and that could inform your investing decisions right now.
Several things are happening in the market today. The bear market has faded, the S&P 500 gained more in percentages in 2023 than it shed in 2022 -- and so far, the economy has avoided a recession. Let's put that all together to see what it could mean for 2024.
Plenty of bear markets have existed throughout history, but they have been overwhelmingly shorter than bull markets. Over the past 50 years, there have been five bear markets, each with a duration of one month to just over two years. The current bear market started in early 2022, so we're nearing the two-year mark. The bull markets during this period have lasted from 2.5 years to almost 13 years, with three lasting over 10 years.
Source Fool.com
