S&P 500 Hits New High Just 2 Years After Bear Market Low, Defying Historical Norms of 3.3 Years Between Peaks
• The S&P 500 recently hit a new all-time high, roughly 2 years since the last bear market low. The index is up 33% from that low point.
• Since 1950, the average time from the first post-bear market peak to the next peak is 3.3 years. It has ranged from 4 months to 11 years.
• New bear markets historically come from new economic events or cycles, like financial crises, recessions, etc.
• This time seems different since there has been no recession despite interest rate hikes. Investors appear confident in a "soft landing."
• There's no guarantee how long new bull markets last. But long-term investors benefit from sticking with quality stocks through ups and downs.