For most of the past three years, falling energy prices had been helping to push the US inflation rate (CPI) lower. But that tailwind will soon become a headwind, with prices of Oil and Gas spiking on a YoY basis.
CPI will likely be above 3% for March.
Could the S&P 500 go down 20%?
Anything is possible, but looking at the other 11 bear markets since the S&P 500 became 500 stocks shows that they usually start with a quick drop from ATHs.
In fact, down 5% in only 14.5 days on avg those times.
The recent 5% mild pullback took a very long 35 trading days, which would by far be the most ever should this turn into a bear market.
Shoutout to the OG @StovallCFRA for pointing this out today.
The S&P 500 fell 1.5% today, its 8th daily decline so far this year with a loss above 1%. Expect to see many more of these days in the coming weeks/months - the average year since 1928 has 29 large declines. This is the price of admission. $SPX
Video: https://t.co/Mc9NspX1s0
💥Disponible el 𝐃𝐈𝐑𝐄𝐂𝐓𝐎 - Consumo defensivo en 2026💥
3 horas de contenido exclusivo del sector.
👉Visión global
👉15 compañías analizadas❗️
👉Separación Kraft Heinz
👉Fusión Kimberly-Kenvue
👉Valoración y precios objetivo
Si te ha gustado❤️🔁
https://t.co/3ZF4WTmsq7
The number of stocks in the S&P 500 above their 50-day MA went up today.
For years all we've heard was how only 7 stocks were going up. Now we have other stocks going up and everyone is still upset. 🤷♂️
The S&P 500 is about to be down 4 days in a row (but all were minor dips).
Still, this is in the potentially worrisome part of the post-election year calendar.