Posted 3/10/2024, 9:35:00 AM
S&P 500 Could Continue Bull Run, Returning 99% Over Next 4 Years
- The S&P 500 has averaged a 184% return over 10 past bull markets, lasting around 5 years (1,964 days) on average
- The current bull market began in October 2022 and the S&P 500 has returned 43% since then
- Historically, the S&P 500 could return another 99% over the next 4 years based on average bull market performance
- Some Wall Street firms predict S&P 500 declines of 12-18% this year due to high valuations and economic uncertainty
- Investors should research companies, consider valuations, and hold quality stocks long-term rather than attempt to time the market