Reuters: "After another stunning U.S. stock market year, investors wonder how much gas is left"

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Reuters: "After another stunning U.S. stock market year, investors wonder how much gas is left"

Excerpt from Reuters quoting DataTrek co-founder Jessica Rabe:

…. “The S&P 500 has notched three straight years of double-digit returns nine times since 1928, according to Jessica Rabe, co-founder of DataTrek Research.

Gains in the year following such periods have on average been weaker, with the index averaging 8.4%, compared with its overall average total return of 11.6%, DataTrek found. Stocks rose in five of those nine years and fell in the other four.

“The odds of this kind of positive momentum carrying into the next year is a coin toss,” Rabe said in emailed comments to Reuters. “But the S&P’s performance has historically proved asymmetric as positive returns have been much larger than negative returns in the fourth year”….

Read the full article here on Reuters!