2min chapter

The Compound and Friends cover image

What's Really Going On At Goldman Sachs?

The Compound and Friends

CHAPTER

The S&P 500 Is a Mere 260 Points Away From Being Completely Erased

The S&P 500 is now about 5% away from reclaiming its old high of 47, 96.56 reached in January 2022. If the index completes a round trip by September, it will make a full recovery twice as fast as the average of the previous 12 cycles. The last 12 times stocks fell into a bull market there's an average period of time that it takes to recover. This bear market was not accompanied by a recession.

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