My Two Biggest Stock Market Predictions for December
Investors are looking forward to the end of a rough year in the stock market. Major indexes have fallen due to a slew of issues, including inflation, rising interest rates, recession fears, and geopolitical conflict. Luckily, we are getting some clarity as we move out of November. Consider these two important stock market predictions for December, and reevaluate your investment portfolio before the new year.
Conditions are setting up to give investors a break from volatility. The stock market has faced an uphill battle all year. Valuations were near historically high levels 12 months ago, especially among growth stocks. Expensive stocks couldn't maintain high valuation ratios in the face of rising interest rates and a global economic slowdown. This was the fuel for a series of sell-offs that contributed to elevated volatility throughout the year.
Data by YCharts.
Source Fool.com
