Now is a good point in the year to not lose focus on the long-term prize.
Quick insight: With Wall Street trading desks light, summer vacations in full swing, and fears of Fed rate hikes swirling, stocks have come under pressure — especially the tech-heavy Nasdaq Composite (^IXIC).
But a well-timed note from the Goldman Sachs team offers a bit of helpful perspective.
Goldman noted that the S&P 500 (^GSPC) is up 95% since the end of 2022, placing the current bull market in the strongest 10% at this stage of the cycle, based on data going back to 1928.
By comparison, the top 25% of historical bull markets gained about 50% over the same period, and the median bull market delivered just 35% after three-and-a-half years. Since the April 2025 low, the S&P 500 has surged 51%.
Quick insight: With Wall Street trading desks light, summer vacations in full swing, and fears of Fed rate hikes swirling, stocks have come under pressure — especially the tech-heavy Nasdaq Composite (^IXIC).
But a well-timed note from the Goldman Sachs team offers a bit of helpful perspective.
Goldman noted that the S&P 500 (^GSPC) is up 95% since the end of 2022, placing the current bull market in the strongest 10% at this stage of the cycle, based on data going back to 1928.
By comparison, the top 25% of historical bull markets gained about 50% over the same period, and the median bull market delivered just 35% after three-and-a-half years. Since the April 2025 low, the S&P 500 has surged 51%.
20 days ago
