Now for the good news: The market tends to bounce back in the year following losses — but there are always caveats.
It's been a rough year. The S & P is on the cusp of a rare 20% annual decline. It's unusual for two reasons: It's a down year and the size of the decline . First, the bad news: this would be the fourth worst year for stocks since 1945, behind only 2008, 1974 and 2002. Wall Street's worst years 2008 down 38.5% 1974 down 29.7% 2002 down 23.4% 2022 down 20%? Source: CFRA Research Now, the good news: the market tends to bounce back in the year following losses.
What should investors buy after a losing year? Should investors buy last year's winners or last year's losers? Stovall says the historic winning strategy is different following down years. "Following up years, history says that investors should stick with the four best-performing sectors, and 'let your winners ride' into the new year," Stovall said.
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