.SPX mountain 2022-10-12 The S & P 500 has gained more than 60% during this bull market.
However, prior bull markets have shown a tendency to lose a little steam in their third year.
Bank of America research showed that 10 prior bull markets for the S & P 500 had an average return of -2% in months 25 to 36.
Another thing to keep in mind is that even positive third years for bull markets tend to be bumpy.
Of course, a slump for the S & P 500 could be an opportunity for small-cap stocks to catch up .
Persons:
Ritesh Samadhiya, Sam Stovall, Russell
Organizations:
Bank of America