CNBC: "Stocks head for a rare third-straight year of double-digit returns. What happens next?"

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CNBC: "Stocks head for a rare third-straight year of double-digit returns. What happens next?"

Excerpt from CNBC quoting DataTrek co-founder Jessica Rabe:

…. “Jessica Rabe, co-founder of DataTrek Research, noted last week that 2021 will almost certainly be the third straight year of double-digit S&P returns. Such a three-year streak has happened nine times before. In the year following those streaks, the index rose five times and fell four times – a lower win rate than all years.

Yet the average S&P return across all the up and down years was 8.4%, with the five winning fourth years averaging 25% and the four losers averaging a 7% loss”….

Read the full article here on CNBC!