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Historic Data Suggests S&P 500 Could Have Another 20% Downside, But Then Rally to 8,000 on New Bull Run By Investing.com



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By Investing.com Personnel

When the just formally entered bear market territory early this week, investors are by now looking in advance to the conclusion of the existing bear and the start off of the following bull operate.

Knowledge from S&P Indices, the group behind the S&P 500, notes that the average bear market place creates a negative 38.3% return and lasts 18.6 months.

The recent bear sector officially commenced on January 3, 2022, and the official starting price tag of the latest bear industry is 4796.56. Whilst each and every bear current market is various, the regular bear current market knowledge implies the latest bear sector will finish in September 2023, with the S&P 500 at 2959, or 20% reduced than present-day degrees.

In switch, S&P Dow Jones Indices notes the typical bull market place has a return of 177.8% and lasts 21.4 months.

If the S&P 500 does get underneath 3,000 but then a new bull run ensues that could get the index to 8,220.1 and final right until the summer season of 2025.

Divya

Divya is regular reader of different Entertainment, Gossip, lifestyle news articles and watches different TV shows. Write different amazing articles for our readers.

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