Goldman Sachs Research compared seven past Fed tightening cycles and found the S&P 500 posted positive 12-month returns in all but 2022, despite early losses. Goldman Sachs Research
Investing
Add as a preferred source on GoogleGoldman Research Finds Stocks Rose in Year After Most Fed Hiking Cycles
Across seven past cycles, the S&P 500 averaged a 2% decline in the first three months and a 9% gain over 12 months.
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