The S&P 500 Is About to Do Something It Has Only Done 9 Times Before. History Says the Stock Market Will Do This Next
The S&P 500 (SNPINDEX: ^GSPC) is having a spectacular year. It's up 22.8% including dividends so far, marking a sharp reversal from 2022 when it plunged into bear market territory.
In fact, the S&P 500 has only posted an annual loss 15 times since its establishment in 1957. On nine of those occasions, the index immediately bounced back the following year with a gain, much like it has in 2023.
I dug through the data to figure out what normally happens next in situations like this, and you'll likely be very pleased with what I found.
Source Fool.com