Why the $S&P 500 index(.SPX.US)$ can be expected to bottom in April or May and post a double-digit gain by March 2024.
The S&P 500 could beat inflation by 8% over the next 12 months. That cheery prospect emerges from an analysis of the U.S. stock market's reaction to past banking panics. Though stocks not surprisingly declined in the immediate wake of those past crises, they almost always recovered quickly. On average a year later, the market was well above where it stood before the crisis erupted.
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